Mr. Speaker, I enjoyed my hon. colleague's speech. He talked about the 2005 arrangement that was struck between the New Democratic Party and the Liberal Party in order to access some $5 billion of extra spending for well needed programs, including housing programs that the Conservatives claimed as their own in the last two year period.
Interestingly enough, over that time when we did not cut corporate taxes, when we did not reduce that percentage, we actually had a very robust economy. It has not impacted on businesses. That is the clear example. We did not see a downturn in the economy. We did not see businesses like banks or major oil companies leaving Canada because they did not get their corporate tax cut in 2005.
Why does the member think that his government's reckless action on reducing corporate taxes by almost 35% will give that added incentive to this economy when history has not shown that to be the case?