Mr. Speaker, first and foremost, the member opposite has to take in the reality that there was an election and Canada does have a new Prime Minister. As much as they might want to go back, that is not the case.
Let me give a quote. This comes from the IMF's managing director. The IMF represents 190 different countries, and this is what the managing director has to say:
Both Germany and Canada recognize that in this very testing time, they need to use their fiscal space....
In the case of Canada, the Canadian authorities have been very decisive to take action in the context of changing relations with their main trading partner. And one of these actions is indeed to reform—modernize the budget framework [separating] operating expenses in the budget from investment—that ability to then focus strategically on investment that are progrowth, that can lift up productivity.
This is what the IMF is—