Mr. Speaker, I think the parliamentary secretary's comments were notable for what they did not say more than for what they did say.
The biggest problem with the budget, especially in her own province, is the government's broken promise on income trusts. She has personal experience on that because her riding meeting was flooded with angry income trust people. Therefore, I do not know why she did not even mention it.
It is clear that this was a huge broken promise made by the government. It is clear that it was a badly executed broken promise. It was not necessary to drop a nuclear bomb on that industry. It is clear that tax fairness has become tax unfairness and that tax leakage will be worse because the companies buying up these income trusts are likely to pay no tax at all. It is clear this is a comedy of unintended consequences. It is clear that the income trust holders are deprived of a very useful instrument, especially for seniors who have to use their savings to pay their bills.
Why did she not say a single word about the most disastrous element in this overall disastrous budget?