The member wants to hear that these things are happening. We do have net growth in the economy.
They had three things in common. First, they were exporting 80 per cent of what they were producing. Second, they had some new technology, a new piece of machinery that caught them up with everybody else or put them a little ahead. The third characteristic, which is kind of sad, was that they did not want anybody to know that they were doing well. They did not want any publicity.
I heard the other day that 80 per cent of all new jobs in Canada are never advertised. People do not want to advertise they are expanding. I asked to bring the television cameras and the media with me to cut the ribbon and I was told they just wanted me and no publicity. They say this because there is nothing in it for them to get a lot of publicity.
The point is good things are happening. It is hard to get that message out. It is small and medium sized enterprise that is growing and doing well.
There is something more to this motion than simply small business. It is the over-all climate that has been put in place for economic growth in Canada. I do not think the next election-I have some advice to give my opposition friends-will be about framework policies, trade agreements and tax reform. They were for the elections of 1984 and 1988. The next election is going to be community by community, town by town, main street by main street and about how job creation is being stimulated. That is really what the election is going to be about. We are not going to be talking about these great big issues any more.
Those frameworks are in place so it is going to be what will happen in the detailed way. In the detailed way community by community, street by street, company by company, it is our view in the federal government, the Conservative Party, we should not do it through excess subsidies. We should try to stimulate growth in more
intelligent ways. Probably the best example is the Small Businesses Loans Act which will lever tremendous activity with very little federal government resources, just a lot of intelligence and good marketing.
Let me conclude with this point. In one quarter of 1992 the real GDP in Canada grew 1.4 per cent. It was the sixth consecutive quarter of growth and the strongest since the second quarter of 1991. At 2.1 per cent inflation remains subdued. In fact our inflation performance was the best among the G-7. Exports have grown by 14 per cent since June 1991. Corporate pre-tax profits are rebounding from their deepest slump in 60 years and are up 30 per cent from their 1991 levels. Business bankruptcies are down, not up, 3 per cent from the levels a year ago. Cross-border shopping is down. All these changes augur well for a much stronger economy in the new term.
What this country needs, what this Parliament needs for the next she months is a celebration of this good news, these positive new forces. The economy is improving. It is the exact opposite of what the motion suggests.
Subtopic: ALLOTTED DAY, S. O. 81-THE ECONOMY