Mr. Speaker, I am delighted to answer this question again.
I was fascinated at the extrapolation of the curve the member is talking about, that we reduce taxes and have more money for education, health and these things. I am sure the NDP would not agree with such an analysis. What happens when we reduce the taxes to zero? Are we going to have more money for education, health, the elderly, the infirm and affordable housing?
I do not think it necessarily works that way, but I am glad he brought up the point that we should have tax reductions because it does indeed lead to us being competitive in an internationally competitive world, so that we can actually have more workers employed in Canada and not close factories.
As members know, over the last five years the Canadian government has instituted the largest tax cut in Canadian history of $100 billion. I am curious as to why that was not in the opposition's platform. But even on top of that $100 billion, in this particular budget we have decreased taxes again to make Canadian industry more competitive, so we can keep our workers employed. A lot of those taxes would go to low income people, so that ultimately 850,000 people will no longer be paying any taxes in Canada.
We are very proud of that record and very proud that we have been able to control expenditures sufficiently, so that we can offer these large tax decreases that keeps Canada competitive. It keeps our workers employed and it keeps a high standard of living, so that Canada is one of the greatest countries in the world in which to live.