Madam Speaker, as usual, the member for Saint-Hyacinthe—Bagot is all mixed up. I will, if I may, try to provide a few clarifications.
The member gave the impression that the focus of the October 2000 budget update was on the high income Canadians, and not on low and middle income Canadians. On the contrary, the update was aimed at the low and middle income Canadians.
I will give two small examples, if I may. For a two-earner family of four with a combined income of $60,000, in less than four years, taxes will be reduced by 34%.
Here is another example. For a family with two children and a single income of $40,000 a year, the reduction will be 59% within four years.
The member also talked about affordable housing. In our election platform the government committed to working with the provinces to deliver affordable housing programs.
Yesterday in committee the member talked about his lap top computer and its modelling capabilities. Has he made the same errors on his income tax calculations as he did with his economic projections?