Mr. Speaker, I would like to thank the member for Kingston and the Islands for his ongoing questioning of opposition members who have questions about whether or not his government is actually getting the big picture. Just by his very statement, we are in a situation we did not anticipate. However, recessions happen and pandemics happen. In fact, there was a 2006 report, authored in part by Dr. Tam, that actually laid out blow by blow exactly what kind of situation could happen in the future, which looked very similar to COVID-19. Yet, this member seems to give his own government a complete get-out-of-jail-free card when it comes to thinking of the systemic or large-scale risks we have of higher interest rates.
I would like that member to actually start telling Canadians what the backup plan is, besides their back pockets.