Mr. Speaker, last week a Canadian institution came home. After more than a decade of being based in the United States, Tim Hortons has decided to reorganize its Canadian company.
Yet it is not simply its bond with Canadians that has prompted the return. It is our government's economic policies, specifically our commitment to lower taxes, that has brought Tim Hortons home. The company itself stated that it was returning to “take advantage of lower Canadian tax rates”.
This government recognizes the link between low taxes and economic growth. Increasing Canada's competitiveness is crucial to creating jobs, and this decision makes the point clear. Shockingly, Liberals were dismissive of this government's support of the return of this Canadian icon. It is not surprising. After all, given the chance, Liberals would raise taxes which would stop growth and investment in its tracks.
Regardless of the Liberal dismissal, we all join Canadians in raising our mugs and saying, “Welcome home, Tim Hortons”.