At the regional level, we are not as advanced in the regional project as we would have wanted to be. These are but some of the challenges for which we require solutions.
Fortunately, Canadians understood that you can’t forever consume more than you produce. They displayed the innate good sense necessary to make short-term sacrifices for the long-term interests of their families. As a result, Canadians transformed a vicious circle of rising deficits and debt into a virtuous circle of balanced budgets and surpluses, and falling debt.