Mr. Speaker, I compliment my very learned friend across the aisle. I know that his background prior to coming here was a tax fighter and he deserves to be congratulated for bringing that skill and knowledge to the House of Commons.
Perhaps he could detail, in a little more specific way, why targeted tax cuts and tax credit initiatives that are in this legislation are important in affecting general behaviour in different sectors that actually help build and grow the economy and for employers to retain and hire new people. Why are targeted tax credits like this so important?