Mr. Speaker, for the member for Parkdale--High Park, one of the things that I find particularly annoying is that the Conservative government seems to talk about tax cuts as the panacea for almost everything. It is an ideologically driven agenda and argument.
Let us look at some of the measures the federal government could have done to help Ontario manufacturing, such as, for example, extending the accelerated capital cost allowance so that companies, especially with the Canadian dollar the way it is, could import technology, machinery and equipment to increase our productivity. Why did the government extend it to only one year when the planning horizon for corporate Canada is three to five years?
Second, tax reductions are good only for companies that are paying taxes. What about making these research credits refundable so that companies can take advantage of that?
These are things this government could have done and did not. I wonder if the member could comment on that.