Mr. Speaker, the member is asking a similar question to one he has asked before, so he will no doubt receive a similar answer. Let me answer each point he made.
He said that Conservatives ran up $160 billion. Usually we hear the Liberals say it was $150 billion. Maybe by the election they will be saying it was $300 billion. The figure of $150 billion is not even accurate. In fact, in spite of the global financial crisis, the federal debt-to-GDP ratio went down during the period of the last Conservative government.
During this time, members across the way, some of whom were not here at that time, were calling for an increase in spending. Liberals thought we should be spending more, but we said, no, we would have timely, targeted and temporary deficits and we would get back to balance, which we did.
The member opposite wants to compare Canada's history over the last 150 years. I do not know if I can say much about the record of former prime minister Charles Tupper, for example, when it comes to deficit spending.
We could go back a long way. I do not hold the member opposite responsible for the Liberal policy under Pierre Trudeau of opening residential schools. I do not hold the Liberal Party responsible for all of the things it has done over the last 150 years, and I cannot necessarily be held responsible for Conservative policies that were pursued in the early part of the 20th century and last part of the 19th century.