Mr. Speaker, the hon. member seems to have a short term memory loss. He fails to appreciate that over the last five years we have had a $100 billion in tax cuts. During that period of time all the thresholds have been raised and all the percentages have been lowered. We now have, vis-Ã -vis the United States, something of a corporate tax advantage. All of that has been accomplished while paying down debt and lowering interest rates, all of which are significant accomplishments and possibly, just possibly, that is why Canadians re-elected this government.
In the House of Commons on February 17th, 2005. See this statement in context.