Mr. Speaker, my colleague across the way and I have shared these discussions at the finance committee. I am absolutely interested to hear the recommendations of those witnesses that come and present before the committee. We of course take those recommendations to heart.
It is interesting to hear some of the varied comments and some comments from one of the Quebec industries said we need to have a 70¢ dollar in order to be able to compete. I think we all know that there should be no business plan that is prefaced on a 70¢ dollar.
However, I need to remind the hon. member that with the accelerated capital cost provision that we have provided to these industries there is investment in many industries that is creating more jobs when we look at the job numbers. I referred to the number of new jobs in my speech earlier.
Certainly, those jobs are changing, as everyone's life and every industry does. Things change. These jobs that we have created by helping industries compete internationally are high paying jobs. They are not low value jobs. These are high value jobs. Therefore, by implementing this legislation, we are looking at Canada becoming the lowest overall tax region in the G-7.