Mr. Speaker, the steel industry is an important industry in Canada. We know that very well. That is why, in the latest budget, we reduced the income tax rates for all industries, including the steel industry, which improves their profitability. Business people in the steel industry will thus have more money in their pockets to reinvest and continue to be competitive globally.
In the House of Commons on April 18th, 2007. See this statement in context.