Mr. Speaker, in the last session, I sat with the member opposite on the finance committee and always enjoyed his approach to things, although it was not normally correct. He obviously has not been listening very well to the finance minister.
First, we must be clear that this government and this party promised to do something with the GST and we are doing something with the GST. Unlike the Liberals, who, a number of years ago, promised to get rid of it completely but did not, which forced one of their members to resign. We thought we were done with her but she ran again and won back her seat. The Liberals have no moral or ethical grounds to stand on in what we are doing. We promised to do something and we are doing it.
In addition, the finance minister said that it would be a basket of goods approach. There will be a reduction in the consumption tax in the GST, which is welcomed, not by 20 economists, but millions of Canadians who are looking forward to a reduction in the GST so they can buy houses or cars. The poor who do not pay income tax will finally get another tax break, which they will never get from the Liberal Party or the New Democrats.
We are doing the right thing with a balanced approach to tax cuts. We have produced $41 billion in tax cuts over the last almost two years. What more can we do?