Mr. Speaker, as usual, the Conservatives are not bothering to even acquaint themselves with the facts. Had they bothered to read the latest fiscal monitor, they would know that so far this fiscal year, the federal government is actually running a surplus of $6.3 billion. The IMF forecasts that Canada will have the lowest deficit in the G7 this year. We have the lowest debt-to-GDP ratio in the G7 this year, and our AAA credit rating was reaffirmed earlier this year.
We believe in fiscal responsibility, and that is why we are doing this.