Mr. Speaker, that is not what he said in the election. He assured them that income trusts were essential for those who had spent their lives raising families, saving for their retirement and building our country.
Innocent Canadians are suffering an economic bloodbath today because they believed the Prime Minister. He gave his word. Canadians acted on his word. He then broke his word. He knew then what he knows now and he has no excuse.
How can he explain to Canadians the colossal misrepresentation he made in the last election? How can he justify to Canadian citizens his $25 billion breach of faith to Canadians?