Mr. Speaker, I appreciate the comments of my hon. colleague. I am glad that he found some of the comments about Oxford interesting.
With respect to the budget and his very appropriate question, we must not forget that this budget cuts $5 in spending for every $1 it takes in through taxes or other payments.
I agree that the Canadian people do not want any more taxes. I said that they wanted a tax system that is equitable and in which those that can pay their fair share. I do not think this budget goes as far in this regard as it can. I remind the hon. member that the matter of family trusts is being taken up by a committee and that there are other changes that the finance minister pointed out would be dealt with in future.