No, Madam Speaker, I do not include provincial debt in the federal debt. Since I only have one minute and my colleague raises several points, I thought I would take the opportunity, given the news of today, to remind Canadians that inflation has fallen from its high, at over 8%, to just 2% in Canada. That is a reduction of over three-quarters, beating all forecasts, and is now perfectly in line with our target rate set by the Bank of Canada.
Canada was actually the first among all of our peers to cut interest rates, and then cut them again and then cut them again, bringing relief to homeowners today and tomorrow. That will help not only homeowners right now in our country but prospective homeowners.
I have many more numbers on my sheet, but I see that my time is coming to a close. I would be happy to respond to additional finance questions from my Conservative colleague in the future.