Mr. Speaker, first of all, I would like to ask the Conservatives to be careful and thoughtful with their use of economic terminology, as 4.7% inflation is high, but it is not hyperinflation.
Also, I would like to remind the member for Medicine Hat—Cardston—Warner that the government is responsible for fiscal policy, but it is our Bank of Canada that is in charge of monetary policy. We are very concerned about our seniors and that is why our government has acted to support them.