Mr. Speaker, abolishing the labour-sponsored funds tax credit is such a foolish decision that it is creating division even within the Conservative ranks.
For the second time in one week, the Minister of State for Small Business and Tourism contradicted one of his colleagues. At a press conference on Friday, he explained that the labour-sponsored funds tax credit had been eliminated because it was creating unfair competition. Meanwhile, the Parliamentary Secretary to the Minister of Finance said in the House that the tax credit had been eliminated because it was not working.
Why are there so many divisions within the Conservative caucus? Is it because the elimination of the tax credit is simply impossible to justify?