Madam Speaker, it is clear from my previous question and the member's answer that perhaps my friend does not quite understand the difference between fiscal policy and monetary policy. Both fiscal policies and monetary policies are meant to affect an economy and to curb, increase or decrease economic output.
Monetary policy is what the Bank of Canada does. It is what the central bank in the United States does. Actually, rightly so, no government should really put itself in the business of affecting monetary policy. If the member does not believe me on that, he should ask the member for Abbotsford, who made it very clear a few years ago. Fiscal policy is when the government spends or holds back on spending money in order to affect economic output.
Given this, can the member now provide me with his thoughts on the monetary policy of Canada?