Mr. Speaker, the most important kind of relief that this country should look to is a reduction in interest rates.
The member knows that if we were to proceed to a tax decrease right now that the net result would have an immediate impact on the budget. It would not lead to lower interest rates and might well lead to higher interest rates. In fact that is what is happening. That is what all the commentary is about now in those countries in Europe that are contemplating a tax decrease.
We are dealing in a very measured and deliberate way with a huge debt and a huge deficit which this government inherited. It inherited it from a previous government, the government that most of those people, the crypto-Tories over there, probably voted for 10 years ago.