Mr. Speaker, I am always happy to talk about deficits. What every prime minister up until this point accumulated to the national debt, the Prime Minister and the current government have doubled over the span of eight years. Think about that. All the history of previous prime ministers, a certain amount of debt, has been doubled. What has that done? It has significantly reduced the fiscal capacity of the government just on interest payments alone, I would suggest.
What could go into transfer payments to the provinces if the national debt was not causing $50 billion a year just to service the debt? That is interest on the debt. Imagine what that could do to help the fiscal situation of the provinces. The growth of the government is contributing to that, $176 billion a year more, and it is still not transferring enough to the provinces. It is a remarkable disaster.