Mr. Speaker, in listening to the member opposite I wondered how he could stand in the House to talk about how the government has been inactive in cutting taxes.
Last fall the government introduced the largest tax cuts in Canadian history of $100 billion. Those tax cuts which took effect on January 1, coupled with the tax cuts at some provincial government levels, are having a huge effect on the economy. It is about 2% or better in terms of percentage points related to the gross domestic product. Most economists understand the significance of that and are saying that it is having a very stimulative effect.
All economists are saying that the timing could not have been better. Hon. members opposite often cite the Americans. They seem to be enraptured by them. However the Americans are still debating their tax cuts. Our tax cuts came into effect on January 1. We have to do more and we will do more.
The hon. member opposite talked about spending. He selected some items that have been developed and addressed as a priority by the government. Included in that was an important initiative of half a billion dollars for farmers which I guess just slipped his mind.
When he selects those spending items, has he actually looked at the other items? I know he will say that it was not enough, because we could always do more. Does he not support the half billion dollars that was topped up to give farmers some relief?