Mr. Speaker, it is nice to see my friend from Saanich—Gulf Islands. I have a couple of things to say.
The current government has no plan to bring the books to balance. It has spending in perpetuity. It is going to go on forever. This is what happens when money continues to be printed, as the Bank of Canada has done in many cases, and the debt continues to be racked up, then the currency or the economy will be debauched, and probably both at the same time. If investors lose confidence and stop buying our debt, inflation will start to rise, and the Canadian dollar will drop. The Bank of Canada would then be forced to increase interest rates, and access to credit would shrink.
That is why Conservatives talk about balancing the budget, reining in spending, controlling the costs of bureaucracy, and allowing services to be given to the people at a reasonable cost at the most effective measure. The most effective measure is allowing people more choice in their lives with more money in their pockets, and not funnelling their money to government, allowing it to go around in a cotton candy machine, going to the provinces, municipalities and to the end user, which is the taxpayer.