Mr. Speaker, perhaps I could educate the member on a couple of facts. Number one, he is right that the TSX is up, but does the member not acknowledge that income trusts are lagging away behind the TSX? Why is that happening?
I will tell the member the reason why income trusts are lagging behind the TSX. If the member would put aside the rhetoric, put aside the propaganda that has been given to him by his people, he might be able to open his eyes and ears and listen for a moment to the fact that income trusts have actually lagged behind the TSX. That is part of the proof demonstrating what a horrible mistake that the government made.
If the Canadian public was so happy about income trusts, why are we seeing this coast of coast furor on the part of those people who have been severely penalized? If this is such a happy moment and that the government made such a wise decision, why are we finding this massive anger across the country among individuals from coast to coast who are so angry about this that they have engaged in a national campaign to try to convince the government to change it. These are ordinary folks.
I hope that the hon. member would inquire about this with his own Minister of Finance and also ask a couple questions. Why did the government raise the taxes on the poor? Why did it lower the basic personal exemption? These are the questions that he should ask.