Mr. Speaker, the member talked about the issue of the prosperity gap.
I am pretty sure he has some seniors in his riding and I am pretty sure he had some feedback from his constituents with regard to the announced taxation of income trusts. Some 70% of Canadian seniors do not have defined benefit plans. It meant that a lot of them were relying on income trusts. It meant that the 31.5% proposed tax cost them probably anywhere from 12% to 20% of their nest egg. It created the kind of prosperity gap the member is talking about. I know why the member did not talk about it in his speech, because his party, particularly his party's finance critic, supported the taxation of income trusts at finance committee.
I wonder if the member would comment on whether or not we should look for a more fair and equitable way to address the issues of income trusts, rather than putting the burden on seniors and making them part of the prosperity gap problem.