Mr. Speaker, the member mentioned some good points, but I would ask him to refrain from silly rhetoric such as saying that the previous government did not keep its promises. We cut taxes by $100 billion in the biggest tax cut in history. The member is insulting his own party's tax cut of $20 billion if he goes down that road.
What I would appreciate the member confirming as the industry expert is what the Canadian tax rate is compared to the American tax rate. In the past, Conservative members have suggested that Canada was worse off. If we look at the chart on page 32 of the budget plan, we see that it suggests that with no changes or with the changes to this budget, in both cases, Canadian taxes and Canadian taxes for manufacturers would be lower than United States taxes, both under the previous regime and, even better, under this regime.
Would the member confirm that under the previous regime and also under his own tax plan Canadian corporations would have a lower corporate tax rate than the Americans?