Mr. Speaker, first of all, Quebec, with 25 per cent of the Canadian population, will have received 31 per cent of all federal transfers at the end of the five year period.
Second, Quebec will receive per capita 105 per cent of the national average, or more per capita than any other province.
Third, the hon. member talks about tax points and cash transfers. He should at least recognize that Quebec benefits more from equalization than any other province and that equalization payments will increase in the next four or five years. Mr. Speaker, those members are afraid of the truth.
Fourth, tax points and cash transfers should be taken into consideration. If tax points do not count, why then is Quebec asking for more? Allow me to add that if Quebec or any other province wishes to return its tax points to us, we will gladly take them back.