Mr. Speaker, I will repeat what I said earlier. If the government had not spent money like it grows on trees for 10 years, we would have money to invest in infrastructure. We would have money right now to protect our borders.
I am going to read some of what Fitch Ratings wrote about the budget. It said: "[P]ersistent fiscal expansion and a rising debt burden have weakened [the government's] credit profile and could increase rating pressure over the medium term." Fitch also wrote that "the Canadian government has a track record of upward deficit revisions", and added, "Given that these rules are non-binding and prior versions have been ignored, federal finances run a high risk of further deterioration."
That is not coming from me. That is from Fitch, a New York ratings agency.