Mr. Speaker, the member is on this theme all the time but he does not acknowledge that it is necessary to have tax fairness in our country, which is what our government's policies are all about. This includes the fact that big businesses need to pay their share of taxes so that the rest of us do not need to pay a whole bunch more. I think the member is sort of off track on this.
With respect to all of these wipeouts, I read recently that some of these income trusts are actually valued higher now than they were before October 31. Therefore, it is a myth when he says that this was all wiped out.
With respect to the income splitting, I think I used the words income splitting for pensioners. That was not 100% accurate and I acknowledge that he is right there. It is for pension income for pensioners. However, I would rather do something than nothing and the fact that our government is going forward in these measures is nothing but positive in my view.