Mr. Speaker, on the one side, we have the Conservative doomsayers, who exaggerate the problems. On the other, we have the Liberal optimists, who say that everything is fine.
I would like to know what my colleague thinks about the fact that Scotiabank and the Bank of Montreal both downgraded their growth projections, which are at less than 1%.
The most recent report of the Parliamentary Budget Officer also noted a slowdown in growth and a deterioration in the fiscal outlook, with a larger-than-expected deficit and a mere 1% chance that the government will meet its budget forecast.