Mr. Speaker, it is always fun to sit here and listen to my Conservative and Liberal colleagues argue about who ran the smallest deficit or the largest surplus. The fact is, every time there has been a surplus in Canada, particularly under Paul Martin, the savings came from cutting transfers to the provinces, nowhere else. That is my first point.
My second point involves my Conservative friend, whom I would like to congratulate on his speech. I agree with him. The Liberals' management of public finances is a disaster, and it has been for a very long time. Oil subsidies are one of the reasons for that.
Would my Conservative colleagues agree with me that sound fiscal management would require the government to stop handing out subsidies to oil companies?