Mr. Dave Nickerson (Western Arctic):
Madam Speaker, when the Government of Canada cannot sell its bonds even when the yield is set at 16 per cent, we know that there is something wrong, not only with the Canadian economy but also with the government itself. Therefore I move, seconded by the hon. member for Bruce-Grey (Mr. Gurbin):
That the government be immediately obliged to lessen pressure on capital markets by reducing its horrendous $16 billion deficit, thereby restoring confidence in Canadian government paper.
Subtopic: THE ECONOMY
Sub-subtopic: DEMAND THAT GOVERNMENT REDUCE DEFICIT-MOTION UNDER S O. 43