Mr. Speaker, the storm clouds have been gathering for a long time. Last year, when the government had an opportunity to save up for a rainy day, it blew all of its good fortune and ran deficits that were twice what they promised during the election, deficits that it now says will continue until 2045.
Now that those storm clouds have turned into rain, does the government acknowledge that it failed to prepare Canadians for a rainy day?