Mr. Speaker, when we took office, we were faced with a fiscal forecast that we would hit our borrowing limit within a year. We expected to have little money for investment and proactive measures. Since that time, several positive developments have given us some breathing room and investment flexibility.

Tomorrow, the Honourable Joe Handley, Minister responsible for Finance, will provide an update on our fiscal position, how revised forecasts will affect business planning and changes to our tax regimes.