There has been a reduction from $3.07 to $3. Then it dropped to $2.95, and $2.80, and $2.70, and $2.55. Today it is down to $2.25. That is eight drops in a row. This means $6 billion a year for workers and small and medium businesses. Those are real tax cuts.
In the House of Commons on October 20th, 2000. See this statement in context.