Ed Holder, MP for London West - Mr. Speaker, our Conservative government is focused on building a stronger economy for Londoners and all Canadian families with low taxes. That is called Canada's economic action plan and it is getting results.

Since July 2009, over 460,000 jobs have been created. This is by far the strongest job creation growth in the G7 and it matters. It matters for Canadians' sake. The world is taking notice. In fact, The Economist magazine has labelled Canada an economic star.

Would the Minister of State for Finance update Parliament on the latest economic news?

Ted Menzies, Minister of State (Finance) - Mr. Speaker, indeed, in today's announcement Canada was shown to have grown for the sixth straight quarter in a row. Indeed, the latest quarter in Canada's economic growth shows that Canada is leading the entire growth of the G7 countries. This is great news for Canadian families.

However, as we have said before, the recovery is fragile and the last thing we want is a $6 billion Liberal increase in taxes that will kill jobs in this country and will slow growth. We do not want to see that happen.