Mr. Speaker, I appreciate the question from the hon. member. It is an important one.
The fact is we have never seen as competitive an economic environment globally as that which exists right now. What the government has in fact done by eliminating the interest deductibility for foreign investments is actually tilt the balance toward foreign competitors to help them take over Canadian companies, as we handcuff the Canadian companies and reduce their capacity to build competitiveness and to take over firms in other countries.
The Liberal Party as part of this motion is proposing tax reform, bringing together tax experts, people such as Jack Mintz and Roger Martin from the U of T. We propose bringing together the kinds of people who can help us shape the best possible tax policy to build a richer, fairer and greener Canada, to make Canadian companies global success stories, to help create the kind of environment for Canadian companies to be leaders in what will be the fastest growing area of the 21st century economy, and that is clean energy.
We have to bring the three Es together, the economy, energy and the environment and to make Canada a global clean energy superpower, with the kinds of tax policies that enable Canada and Canadian companies to grow, to invest, to diversify and to build head office competence and jobs here in Canada. That is what it is all about. That is the kind of policy that can build long term economic success for all Canadians.
When the Conservatives talk about levelling the playing field, what they are doing is levelling corporate Canada. They are levelling Canadian competitiveness completely.