Mr. Speaker, the key is that it has only been partly responded to with certain issues. Depreciation rates are accelerated for pipelines, combustion turbines for electricity generation, electricity transmission, cable for telecommunication infrastructure and rates will increase for investment in more efficient renewable energy generation, including cogeneration. However, the specific area I would like the parliamentary secretary to address is the manufacturing sector, which any industrialized nation needs to have as basis of its economy.
The manufacturing sector is 18% of our GDP and accounts for a lot of the high paying jobs in Canada. I want to read from the CME's 2005 budget analysis. It gives some credit to the government for the budget, but I want to read the following statement:
--the government's failure to accelerate depreciation allowances for manufacturing equipment is a major disappointment. It is clear from this budget that while the government is willing to spend heavily on one hand, and use the tax system for environmental policy purposes on the other, it just doesn't get it when it comes to building a competitive investment environment in Canada. After building up expectations that the federal government would address the challenges facing Canadian industry, the few measures introduced in this year's budget--