Mr. Speaker, I listened with great interest to what the member opposite had to say. I appreciated his mentioning me even though it was in a slightly disparaging way. He talked about tax cuts, tax changes and things of this type. I would like to ask him a few questions.
First, what are his thoughts about the extension of parental leave to 12 months? That is a measure which involves an expenditure by the government and, by the way, by others. There was an increase in the disabled tax credit, which I was very pleased about. That is a tax cut and a tax measure. The caregivers tax credit, which is still a fairly new thing, will increase. He also mentioned if I interest in higher education. We have increased the student tax credit. All these are tax cuts by the government. Not that he is old, but I know of his enormous experience in the House of Commons. I think he was here before anyone who is present here at the moment.
I noticed the Speech from the Throne mentioned the lifelong learning account. The idea, as I understood it, is that each of us should have something like an RESP where we could put money aside in the same way as we do with an RRSP, so that our children could use the tax free funds for their education. This money would be tax free as long as it was used for furthering our educational opportunities.
What does the hon. member think about that proposed tax measure?