Mr. Speaker, Canada's productivity has dropped to 16th place, the U.S. dropped to 6th and Ireland has gone down to 21st in ranking, whereas the high taxing countries, Switzerland, Finland, Sweden and Denmark have gone up. They are always at the top in their productivity. They put a lot of money into innovation and research and development.
The hon. member talked a lot about investing in municipalities and investing in the social good, yet he would not say how much the investment would be, where would the money come from? Is it coming from an increase in income tax? Is it hiking the GST?
The Liberal Party talked about reducing the corporate tax rate of 18.5%. After the speech by the Leader of the Liberal Party, the Conservatives did reduce it. It announced the corporate tax rate would go from 18.5% to 15%. I cannot tell the difference between the two parties because they say to bring it down further.
Where would the money come from and what is in this mini-budget? Is the corporate tax rate 18.5% or is it 15%?