Mr. Speaker, we are talking about a budget implementation bill today and I noticed that my colleague from the NDP chose to make pensions the focus of his talk today. It is a major concern at a time of economic turmoil and global economic downturn that we have been dealing with, and very successfully, in Canada.
Several times in his speech, the member chose to attack what he calls “corporate tax cuts”. I wonder what it is about this that our NDP colleagues fail to understand. We went through a global economic recession. Other countries had to nationalize their banks and they had to use a lot of taxpayer money to take over those banks. Where does that come from?
We had some corporate losses in Canada. He mentioned one of the companies that we lost with terrible economic consequences for the workers. This affected the jobs and pensions of those workers. We are lowering corporate tax rates so that our corporations can be competitive in a very tough world and maintain the employment that provides the taxes to provide the services and the pensions that the member is looking for.
By the way, we cut taxes for all Canadians; small businesses and individual Canadians. When we cut the GST from 7% to 6% to 5%, why did the member vote against that?