Mr. Speaker, next Tuesday the finance minister will be tabling his budget and the masses of unemployed Canadians will be waiting to see if his words contain something more than rhetoric. Today I would like to offer some recommendations to the finance minister which will create meaningful jobs for the more than two million unemployed Canadians.
The finance minister should consider a one year freeze on the current interest rates which are creating jobs in fact. The finance minister should consider a $4,000 tax deduction for every small business for each new employee hired. The most hated GST should be cut down to 5 per cent effective immediately with a further provision to reduce it by 1 per cent each year, thus eliminating the GST within five years.
Unemployed Canadians would applaud these initiatives. I hope the finance minister gives serious consideration to my proposals.