Mr. Speaker, I thank my hon. colleague from British Columbia for his concern for the forest industry. It is a major concern, as we have heard in the House. A report was tabled by the committee this morning about the challenges and opportunities in the forestry sector.
Just to clarify, I would remind the member that our government has committed to putting $1 billion over 10 years toward the pine beetle issue. We have already committed $200 million toward diversifying economies throughout British Columbia and across the country. I know that the hon. member's riding has been the beneficiary of many of the grants that have been handed out already.
I also want to state that the budget our government tabled included the phasing out of the accelerated capital costs for the tar sands projects in Alberta. The NDP members voted against that. I guess they talk out of both sides of their mouths.
I have a specific question for my hon. colleague. The fact is that within budget 2008 we have a new tax-free savings vehicle that is going to allow all Canadians 18 years of age and older to invest up to $5,000 a year, with all the proceeds generated within that savings account being tax free. I would like to ask my hon. colleague if he thinks it is a good idea that Canadians will be able to generate revenue in a tax-free savings account.