March 11, 1977 (30th Parliament, 2nd Session)

Mr. Sinclair Stevens (York-Simcoe):

Mr. Speaker, my question is for the Minister of Finance. With this morning's disappointing inflation figures showing a three-month CPI rise of 8.4 per cent, a rate considerably in excess of the second year target of the anti-inflation program and even above the first year target, would the minister indicate if he is still confident that we will achieve a 6 per cent inflation level based on the implicit price index and the C.P. index by the end of this year?