Mr. Speaker, on the issue of tax cuts, does my hon. colleague not understand that when tax cuts are given with no strings attached to already enormously profitable sectors of the economy, so that they are just a gift to those sectors, that gives nothing back to other sectors of the economy?
How does it help for the government to give billions of dollars in tax cuts that fuel the oil and gas sector and bank profits? In regard to these tax cuts, for example, businesses that are making no profits today, such as the manufacturing sector of the economy, cannot take advantage of them.
With respect, if there are tax cuts, what is needed is targeted tax cuts. They should be tax cuts that are designed to stimulate the struggling sectors of the economy and are tied to outcome, that is, an investment in jobs in that sector, not just a blank cheque to an already profitable sector of the economy.
With respect, the hon. member says that we are in a low unemployment situation. I would like him to come to Brampton and tell the 1,100 Chrysler workers who are going to lose their jobs that because of a low unemployment situation they are welcome to line up for jobs at Wal-Mart and Tim Hortons. I would like him to come to Brampton and hear how popular that comment is.