Mr. Speaker, I would like to thank the member for his compliment about the expression I used in French, “patente à gosses”. Every day, I try to learn a little more of the language of Molière. A little poetry can sometimes be a delight.
The difference is that Norway's sovereign wealth fund contains funds. It is simple. We do not have any funds here. The people of Norway have surpluses because they take revenue from the oil industry, which makes up 25% of their economy, and they put that revenue in a fund and invest it.
Here in Canada, we do not have surpluses. We have deficits year after year. The government is just going to put this investment on the credit card. It is taking big risks with money that belongs to future generations by charging this to the credit card. That is irresponsible, and it is the opposite of what the folks in Norway do.
