Mr. Speaker, I asked the question and, indeed, a lack of understanding of economics was proven by the member from the NDP. I have done a fair amount of trading and as far as I know the markets, if Canada were to go ahead and create a tax on currency trading unilaterally, we could be guaranteed there would be a sucking sound which would be the capital leaving this country. Or capital may never come into the country again.
By proposing that we tax these transactions, the member is actually encouraging the driving out of capital. I just do not understand how that would create jobs. Obviously in the member's fantasy world the economy has orange skies if she believes that this may work in creating jobs. It will not.