Mr. Speaker, let us look at who will benefit from these corporate tax cuts. Shell will save $14 million; Imperial Oil, $31 million; and Talisman Energy, $20 million. However, Abitibi-Consol and Tembec will get absolutely nothing, because they did not turn a profit.
It does not take much education to understand that a company that makes no profit pays no tax. Only companies that are turning a profit—the companies that least need it—will benefit from this budget, while forestry and manufacturing companies will get nothing. The oil companies get everything. That is the reality.