Madam Speaker, this morning I was reading an article in The Globe and Mail, and it was quoting, extensively, the chief executive of the Bank of Canada, David McKay. He said that he was uneasy about the economy and that there was a frustration and mistrust between the business community and the Government of Canada. He said some of those challenges are ideological, that there needs to be a shift away from a tax-and-spend approach, which does not create sustainable growth. He also said tax and spending like the government is doing is like eating Sugar Pops for breakfast. He said the government is missing a chance for long-term success and that Canada is lagging its peers on key measures of productivity and investment. The article indicated that Canada's five-year average GDP growth is the lowest among the G7 nations.
When the member stands up and starts pointing fingers at me, he asks why we need to have a debate on this concurrence report. It is because it is not the Conservative Party but the Bank of Canada saying that the government and its tax-and-spend approach are ideologically hurting the country of Canada. Therefore, what is it: Sugar Pops or a bowl of Corn Flakes?