Mr. Speaker, the right hon. member twice now has mentioned the matter of the tax deferral for incorporated small businesses. He incorrectly stated that this does nothing for farmers and fishermen. He said it twice in this place. The member is quite incorrect, as he well knows, because farmers and fishermen can also incorporate their businesses.
The member would like to suggest that somehow the government is deficit planning. He should well admit that cash flow to small businesses is absolutely essential particularly at a time when, some have said, Canada is in a recessionary period, which the member will well know is going to severely restrain cash availability.
I would like the member first to admit that he was incorrect with regard to his assertion regarding all farmers and fishermen--