Mr. Speaker, I want to raise what we are actually debating here today. We are debating the budget implementation act. I want to actually explicitly state what we are doing in this bill and why the member is opposing this bill.
For workers, we are creating a new Canada employment credit for every worker across this country and a new deduction for tool expenses for tradespeople, which is very needed certainly in western Canada.
For students, we are creating a new textbook tax credit and a complete exemption for scholarship income. The member talked about students. This is what we are doing for students.
For public transit users, we are creating a new tax credit for public transit passes.
For seniors, for the first time, we are doubling to $2,000 from $1,000 the amount on which the pension income credit is calculated.
For small businesses, something the NDP should be in favour of, we are reducing the current 12% small business tax to 11.5%, and then to 11%, and we are also increasing to $400,000 from $300,000 the exemption for small businesses.
This is for workers, students, seniors and small businesses. This is what is actually in the budget implementation act. This is what is in the budget. This is what is in the bill. This is why the NDP should stand and support this piece of legislation.