Madam Chair, I have always been involved in economic issues and economic development attracting jobs.
We currently have the lowest corporate tax rate, even lower than in the U.S. We hear people compare us to that. I must say that under the Chrétien-Martin years, we gave the biggest tax cuts to the corporations of over $100 million.
We are well aware of the fact that we need a healthy economy but we also need to have healthy people who can contribute to a variety of different plans that will encourage them to save for the future.
As I indicated earlier, we will have 10.9 million seniors in another 26 years. The fiscal capacity of this country will be under enormous strain. The social infrastructure will be unable to bear that, unless we get Canadians involved in saving money.
The TFSAs that came out on a voluntary basis, which was a Liberal recommendation that was implemented by the government, which I congratulate it on, had $16 billion put into it in one year. I believe that if the vehicles are provided, people will invest and save their money.