Mr. Speaker, it is remarkable that when this government took office almost three years ago it acted so quickly and effectively to prepare Canada for a possible downturn in the economy.
The United Kingdom just lowered its GST and President-elect Obama just promised to lower personal income taxes. We did both more than two years ago.
Many countries are just now lowering corporate taxes to encourage business and create jobs. We did that two years ago, with further reductions over the next four years.
Many countries are just now planning new infrastructure spending, which we started two years ago, with more stimulus already budgeted for years to come.
The opposition parties have just now recognized that there is a problem with the economy but this government has already been ahead of the game, cutting taxes and stimulating the economy. Canadians will continue to reap the rewards of this foresight and good government.
We did not receive a single thanks from any opposition members of Parliament.