Mr. Speaker, I thank my esteemed colleague from Louis-Saint-Laurent for his question.
I would love to talk about what is historic in this budget. I talked about how our government took a historic step towards achieving true gender equality in Canada. We are also making historic investments in fundamental research, which will promote our country's long-term growth. Since my colleague is from the Quebec City area, I would love to invite him to Université Laval to see just how important fundamental research is. He could hear people talk about how this sector was neglected and undermined for a decade. We know that research begets innovation, and the Québec Metro High Tech Park is evidence of that. This is one thing that the Conservatives did not understand during the decade they were in power.
As for my colleague's question, another historic fact is that during this decade under the previous government, Canada saw its worst economic growth since the Second World War and its worst growth in exports. On this side of the House, we have taken a different approach. We decided to make investments and at the same time continue to lower the debt-to-GDP ratio.
We have the best fiscal situation and the strongest growth in the G7, and this is due to the measures we have taken.