moved for leave to introduce Bill C-217, An Act to amend the Income Tax Act (definition of “Gaspé Peninsula”).
Mr. Speaker, the aim of this bill is to correct an unacceptable situation. Half of the riding I represent is eligible for the investment tax credit applicable to eastern Quebec and eastern Canada, while the other half of the riding is not. So, farmers living in Kamouraska are eligible to a tax credit when, for example, they buy a tractor to improve their productivity, whereas people in Montmagny and L'Islet are not eligible. The situation is the same for manufacturers.
The aim of this bill is to correct the situation so that the entire population, all my electors, are eligible for the tax credit in order to eliminate this discrimination against what may be described as federal resource regions.
(Motions deemed adopted, bill read the first time and printed)