Mr. Speaker, one little fact the finance minister forgets to mention is that with his CPP tax hikes there will actually be an increase in payroll taxes this year.
In his political statement in the fall the finance minister projected growth at 3.5%. Then the Governor of the Bank of Canada said 3% in January. His parliamentary secretary speculated about growth as low as 2% last week. I was on a show yesterday with the member for Markham who speculated about a 1.5% growth.
Among all these incredible shrinking growth projections where does the finance minister stand? What does he believe growth will be in Canada this year? How will he incorporate that into his fiscal plan?