Mr. Speaker, the hon. member has a very solid analysis of what a debt-to-GDP ratio should be. As an accountant, I believe this is an important aspect to show that we are on the right track. For example, in 1993 when the Liberal government took over, the IMF called the then-Conservative government's mismanagement, the economic basket case. Canada was the economic basket case. It took prudent management. It was prudent fiscal responsibility that led to our leaving the next government with $13 billion in surplus. Therefore, the Conservatives can never claim that they are prudent economic managers because according to economists they have never been able to manage the economy.
In the House of Commons on March 19th, 2018. See this statement in context.