Translation of "Interdépendance fin à début " (French → English) :

1. Notes that the ongoing crisis is the worst global recession since the Great Depression, and that the economic and financial governance structures in place at the onset of the crisis, whether at global level, in the US or in the European Union, have not provided enough stability for the global financial system; believes that in the light of increasing economic and financial market interdependence cooperation on macroeconomic policies and surveillance of the major economies needs to be strengthened; insists, further, that the EU must address the issue of its representation in the IMF, and welcomes the announcement of President Barroso ...[+++] to put forward a proposal for a single external representation of the Euro zone;

33. Considers that the economic and financial governance structures in place at the onset of the crisis, whether at global level, in the US or in the European Union, have not provided enough stability for the global financial system; believes that in the light of increasing economic and financial market interdependence cooperation on macroeconomic policies and surveillance of the major economies needs to be strengthened; acknowledges, further, that the EU must address the issue of its representation in the IMF;

32. Considers that the economic and financial governance structures in place at the onset of the crisis, whether at global level, in the US or in the European Union, have not provided enough stability for the global financial system; believes that in the light of increasing economic and financial market interdependence cooperation on macroeconomic policies and surveillance of the major economies needs to be strengthened; acknowledges, further, that the EU must address the issue of its representation in the IMF;

27. Considers that the economic and financial governance structures in place at the onset of the crisis, whether at global level, in the US or within the EU, have not imparted enough stability to the global financial system; believes that, with increasing economic and financial market interdependence, cooperation on macroeconomic policies and surveillance of the major economies needs to be strengthened; furthermore acknowledges that the EU must address the issue of its representation on the International Monetary Fund;

[Translation] Mr. Ghislain Lebel (Chambly, BQ): Madam Speaker, I would like to tell the hon. member who just spoke on this bill and claimed he looked at it inside and out that on the whole I subscribe to his line of questioning.

This is not the beginning of the end of the deficit problem in the country, it is the end of the beginning.