October 25, 1979 (31st Parliament, 1st Session)

PC

John Carnell Crosbie (Minister of Finance)

Progressive Conservative

Hon. John C. Crosbie (Minister of Finance):

Mr. Speaker, I thank the hon. gentleman for giving me the opportunity to say that 1 support absolutely the statement that Governor Bouey made to the committee this morning.
While I have not got the transcript of the committee proceedings here yet, I certainly can tell him this, that the move that the governor recommended-and which I accepted and which 1 accept responsibility for-is one taken after very serious consideration. Because I believe, and the governor believes, that it is in the long-term interest of this country and the Canadian economy, the Canadian people and the small business community whom we represent on this side of the House and whom we are concerned about, that this policy be adopted and that the battle against inflation and the battle to retrieve our economy from where the hon. gentleman's party left it, this is the only way we can proceed today.

Topic:   ORAL QUESTION PERIOD
Subtopic:   THE CANADIAN ECONOMY
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