October 14, 1983 (32nd Parliament, 1st Session)

Mr. Jim Hawkes (Calgary West):

Madam Speaker, my supplementary question is directed to the Minister of Finance. The Minister of Employment and Immigration uses an 8 per cent rate of unemployment and characterizes it as normal. Labour surplus for Employment and Immigration is calculated as that rate which is above 8 per cent. Does the Minister of Finance agree with the Minister of Employment and Immigration that 8 per cent unemployment is normal and we just have to be concerned about that unemployment rate which is in excess of 8 per cent?