Mr. Speaker, in the first five years of this government there have been 420,000 bankruptcies in Canada.
This is more bankruptcies than the number that occurred during the entire previous nine years of the Progressive Conservative government, and that government had to deal with the 1991 and 1992 recession.
Under this finance minister more Canadians have gone bankrupt because the finance minister insists on raising taxes and putting Canadians in a position where they have to work harder and receive less.
Will the finance minister commit that in his upcoming budget he will increase the basic personal exemption to $10,000—