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

Mr. Sinclair Stevens (York-Simcoe):

As the minister himself has noted, the only truly effective method of controlling inflation is monetary and fiscal restraint. Bearing in mind that the minister has stated that the controls are hardly a tonic for capital investment, which the minister knows is seriously lagging in Canada and is contributing to our relatively high unemployment rate, and while the anti-inflation program does not appear to be achieving the price targets which were set, would the minister indicate if prior to March 31 he will make a statement as to the government's current position on terminating the anti-inflation controls?