Luckily it is not. On the top there is a computer disk which contains the material in electronic form.
What are these 650 pages of material about? They are about the western economic diversification fund. It is a big propaganda package that is supposed to convince me that the Liberal propaganda machine is something worthwhile having.
There are summaries of press releases from Alberta, Saskatchewan and Manitoba. Half of it is being sent to western MPs in French as well. About the only piece of frugal work in the whole package is the letter from the deputy minister which is actually double sided instead of using two sheets. Everything else is a complete and utter waste of taxpayers' money. There are brochures in French going to MPs in the western ridings.
As soon as I am done my speech today this package is going straight back to the minister. What a waste of money. It is a good example of why the government is over budget on departmental spending.
I can give another example. Yesterday there was a meeting of the heritage committee. One of the matters to be discussed in camera was a new trip around the country, a junket for the people on the heritage committee. What were they to do on this junket? They were to study Canadian culture and try to define it. They were to go to Vancouver, Calgary and Montreal. They were to define Canadian culture. That is like trying to define love or why a cat is a cat. What a ridiculous, stupid exercise.
How much was it to cost? If that had been discussed and passed yesterday, $214,000 of taxpayers' money would have gone down the tubes. If we really need to define Canadian culture, ask people to write us some letters and tell us. We do not need to spend $214,000. No wonder the budget estimates are over budget.
Another example is a letter I received from a constituent. He mentions that according to the attached news report last year Bombardier made a profit of $313 million. In its current fiscal year the Liberal government has made Bombardier a grant of $97 million. That figure is from page 878 of Hansard . This constituent reads Hansard religiously so he has all his ducks in a row.
Adding the $313 million profit and the $97 million grant gives us a $410 million figure. This year ending January 31 Bombardier reported a profit of $406.2 million. Is that not a coincidence? Most of the additional profit came in the form of a grant. Should it be taxable or non-taxable? It is another propaganda give away from the Minister of Industry and a good example of why departmental spending is over budget.
I have another example. The Liberals have been saying how wonderful their budget is and that everybody is falling over themselves with praise for what they have done, conveniently forgetting as I mentioned earlier in the day the $600 billion debt which at the moment costs us about $50 billion a year in interest. If the interest rate went up 1 per cent it would add $6 billion more to that figure; 2 per cent would add $12 billion; and 3 per cent would $18 billion. If we had a 5 per cent jump the whole thing would be totally out of control. We would have the crisis the member before me mentioned we were close to in 1993.
We are not out of the woods yet. If this government had adopted the zero in three plan which Reform promoted in the last election we would be running surpluses today. We would be arguing in this House what to do with the surplus money, like Alberta is doing today, instead of discussing a $19 billion deficit.
Only Liberals would think that a $19 billion deficit is something to be celebrated. When we have a $19 billion surplus we can have a party. However, a $19 billion deficit, give me a break.
Another of my constituents wrote me a letter: "Last October, I was lucky enough to receive a $300 per month raise in pay. My wife and I considered ourselves fortunate and looked forward to being able to remodel the kitchen. When my end of January pay arrived, there did not seem to be any extra money in there".
We are not surprised at that because, when my constituent analyzed his paycheque, he found that from the original $300 raise, $162.60 went to income tax and $129.96 went to increased CPP and UI deductions. He ended up with $7.44.
A Liberal answer to that would be borrow the money because interest rates are low. We have these wonderful interest rates. That is typical Liberal speak, Liberal think. There is a benefit in borrowing money.
Does that sound familiar? They started it in the 1970s. Look at the hole they dug for us, the debt hole they dug for us by taking the attitude that borrowing money was good, that there would be a benefit by borrowing money. Absolute rubbish.
If the people of Canada had a surplus running today through their government we could be giving them tax breaks so that they did not have to borrow money to get a break. It would be in their pay packet every week, a meaningful tax reduction.
In July 1996 the New Zealand government gave every average worker $200 a week more in their pockets. It was a tax break for everyone. They do not have to borrow money to get the benefit.
On March 19, one of the talk show hosts in Vancouver, Mr. Bill Good on CKNW, did a poll about the reduction of taxes. He asked people whether they thought reducing taxes would be a good idea. It coincided with the release of the Tory election platform. He took calls for an hour. There was unanimous support. Every single call to that program was in support of Reform's tax cut proposals and the comments that were made, to summarize generally, were do not trust the PCs because it is just more of the same Liberal-Tory, same old story.