Mr. Speaker, yesterday the Minister of Finance suggested that he was considering increasing the accelerated capital cost allowance period for machinery purchases from two to five years, in accordance with one of the 22 recommendations in the unanimous report issued in February by the Standing Committee on Industry, Science and Technology. Two years is not enough time for rigorous, long-term planning.
Will the minister send a clear message to companies that have been waiting a long time for this news by announcing immediately that he is increasing the accelerated capital cost allowance period from two to five years? Will he finally give manufacturing companies in Quebec and Canada a chance?