Madam Speaker, I have to smile. What I just heard does not make any sense. The member is all mixed up between the 10%, the 14% and the 20%. The amendments put forward in the standing committee came directly from the Mining Association of Canada. This is where those amendments came from.
I would also like to remind him that Pierre Gratton, the vice-president for public affairs of the Mining Association of Canada—hardly a nobody—said that many provinces had based their taxation level on the federal system implemented in 1974. He also said: “This bill will increase some companies' taxes”.
The member should not try to sell us this argument. Who knows this industry better than Mr. Gratton from the Mining Association of Canada? I repeat what he said: “This bill will increase some companies' taxes”.
I hope that the people of the Abitibi—Baie-James—Nunavik and Témiscamingue ridings will remember that their members voted for this bill. This bill is harmful to the mining sector and favours the major oil companies. Those listening should not forget that the major oil companies have been given a $250 million gift.