Mr. Speaker, this is a great day for Canada. My Conservative government is delivering on its commitment to cut taxes and Canadians could not be happier.
Since coming to office we have cut taxes by $190 billion over this and the next five years. We have cut taxes in every way a government collects taxes: personal taxes, consumption taxes, business taxes and excise taxes.
We are reducing the tax burden to its lowest level in nearly 50 years and, unlike the Liberals, we kept our promise to reduce the GST to 5%. As one taxpayer remarked: “I guess the Conservative government is doing just what it promised. It would be good if more politicians were to do this”.
It is also good that we are leaving more money in the pockets of Canadians where it belongs and giving businesses more freedom to create jobs and make further investments. Unlike the opposition, our government believes in Canadians. We believe in putting their money where it belong: back in their pockets.