Would you not agree, though, that a lower corporate tax rate is an attractive investment tool to get foreign investment, to get companies from outside Canada to invest in Canada? If they have the option of investing in a higher tax jurisdiction or a lower tax jurisdiction, naturally they're going to choose a lower tax jurisdiction. Say, between Canada and the United States, the quality of life is similar, however here they're going to pay less in corporate tax, at the federal level at any rate, plus they don't have to pay health care costs in addition, that they have in the States, and that sort of thing. Would that not be an attractive policy tool?
On November 3rd, 2014. See this statement in context.