Mr. Speaker, the member for Outremont is changing what he said. If he goes back and looks at the blues he will see that he actually said that we were wrong. He mentioned a number of Scandinavian countries and he is wrong.
With respect to whether our tax rates will be lower than the United States, I think they need to be lower.
On the corporate side, as my colleague from Markham—Unionville has said, these are tough decisions that governments need to make. We need to look at our competitive advantage, how we will attract investment and how we will keep investment. We are a smaller country. We have many competitive issues to deal with and that is a simple fact.
As for what the relative share of income tax and business tax should be, the answer to that is that we need to recognize that as we go into a downturn, as we go into a deeper problem with respect to what is happening in the United States and elsewhere, corporations will make less money and therefore will be paying less tax. From hard experience, this puts an increasing burden on everybody.
I would tell the members of the New Democratic Party that they are making a false choice and that they are doing it in all the rhetoric that is there. They ask whether we have social housing or whether we have bank profits. They want to know whether we have this or that. The answer is that we need both. We need to have successful companies and we need to have investment in housing. We need to look practically as a country--