Mr. Speaker, my colleague from Mississauga—Lakeshore is being very inconsistent. Today he is saying that debt helps create wealth. When he was Ontario's finance minister, however, he said he was determined to balance the budgets to get the government's house in order. Today he is defending a budget that creates a deficit of $78 billion, $45 billion of which was artificially reclassified as investments to lower the deficit on paper.
Today the Liberal Party is saying that the world has changed. I would like my colleague to explain what has changed: his principles regarding fiscal discipline or the Liberal definition of transparency.