Mr. Speaker, I saw my local paper on Saturday morning and there it was “High taxes benefit Canadian economy”. I thought, what a stupid idea. Imagine my dismay to discover that it was being attributed to me.
No, I do not favour high taxes. I know that lower taxes will benefit the Canadian economy. That is why I am proud of the hundreds of millions of dollars of tax reductions we brought in in the last budget. That is why I am convinced as we continue to gain control over the deficit, as we improve the health of our finances in Canada, that we are going to see more tax reductions to benefit all Canadians.