Mr. Speaker, what the minister has failed to tell the House is that the $100 billion tax cut largely has been eaten up by tax increases that his own department has introduced in the last two years.
During the first full year, the GST took in $15 billion. Ten years later, GST revenue had climbed to $25 billion. For the last fiscal year that just ended March 31, it is expected to generate over $30 billion.
Why will the Minister of Finance not give Canadians a break by reducing the GST?