Mr. Speaker, Tembec recorded a loss of $60 million in its first quarter and the Conservatives' tax cuts, which are lining the pockets of the oil and gas companies, will do nothing to help Tembec maintain its investments in research and development. Tembec's situation is a good illustration of the difficulties facing the manufacturing and forestry sectors.
Will the Minister of Finance finally realize that it takes more than tax cuts, that it takes other assistance measures such as a refundable tax credit for research and development, as called for by Tembec and the Forest Products Association of Canada?