Mr. Speaker, I thank my colleague for his question.
There are indeed some considerable differences between our respective visions. However, I think his question was interesting, and I will answer it as the economist I am.
When a business wants to borrow money, it assesses its decision to borrow by comparing the rate of return on the planned investment with the amount of interest it will have to pay. If the rate of return is better, it borrows and invests the money. It goes into debt in order to invest and grow, because its investments will be positive.
The same principle applies to a government. If the government can increase productivity and economic growth at a greater rate than the interest it has to pay on its loans, that is not a problem. The problem with the Liberals is that most of the deficit they have run up was supposed to be invested in infrastructure, yet many reports, including those from the Parliamentary Budget Officer, say that there has been far less investment in infrastructure than anticipated and that the returns have not really materialized. A lot of money is being invested, but are we seeing a return, and is it worthwhile?
Those are some of the questions the Liberals will have to answer.