Mr. Speaker, I will answer in English to be sure my colleague understands.
The biggest problem of course is the fact that with its massive tax giveaway to corporations that made huge profits last year, especially the banking and petroleum sectors, the government has compromised the leeway that could have existed in our economy.
What is interesting is that the current Minister of Finance-- and we should always remind people every time we mention his name that the current Minister of Finance, without any consequence, broke the rules for the attribution of contracts recently--was encouraged by the Liberals. It is always worth reminding people that the Liberals do not believe anything. One morning their leader woke up and said, “We need more tax cuts for businesses”. That gave the opportunity to the Minister of Finance to say in so many words, “I didn't think I would be able to cut so much with regard to corporate taxes. Thanks to the Liberals who are pushing me to cut even more, I am going to give the deepest tax cut in Canadian history to the corporations that made the most profits last year”.
My colleague is quite right that the tax cuts the Conservatives gave to the oil companies and to the banks removed a lot of the room to manoeuvre economically in Canada, but not all is lost.
The government is continuing to destabilize what had been until quite recently quite a balanced economy in Canada by heating up the oil sector even more by giving tax breaks. Of course the government could not be helping the companies that lost money last year because they did not pay taxes, so they did not get a cent from the $14 billion in tax breaks, but individual companies like EnCana got cheques for $50 million, $60 million, $70 million, a little windfall for its buddies in Alberta from the current government.
If that is the vision the Conservatives have of Canada, to throw everything they can at companies that are already making huge profits and destroying the environment in Alberta, they are going to be allowed to do that until the public throws them out.