Mr. Speaker, the Minister of Finance needs to be briefed a little better. Between 1989 and 1993 the Conservative government reduced income taxes as a per cent of GDP by 1%. Since 1993 this minister has increased income taxes as a per cent of GDP.
The
Globe and Mail
on Saturday reported that the heavy tax burden combined with overall income taxes in Canada is putting in motion a brain drain that is taking our most productive workers. Over 80% of Waterloo graduates are going to the U.S. When will this finance minister act to end the brain drain and bring broad based tax relief?