Mr. Speaker, I feel that I have to come to the defence of my Liberal colleague, believe it or not.
I am shocked that some people in Canada have yet to understand that in order for people to earn personal income, in many cases they work at those corporations. If the corporations are taxed too heavily, they will not stay in this country. The investment that is necessary to start those corporations can flow anywhere in the world. They can go to wherever they can get the best tax treatment.
My NDP colleague tries to tar corporations as somehow being bad and therefore they should pay much higher taxes but in the end, that is self-defeating. If we did that, the corporations would leave and tens of thousands of people would be without jobs. They would not have jobs and would not pay personal income tax.
Would my friend acknowledge that?