Mr. Speaker, I thank my colleague for his insightful views on what is going on in Europe.
If we look at unemployment figures in this country, we are looking at an unemployment rate that is much higher than what was cited in the House today. A number of people are underemployed and a number have given up looking for employment, and in fact the unemployment rate at this point is well over 11%. Over one in ten persons in Canada is either unemployed or underemployed. That is pretty high.
New Democrats have a proposal for some tax credits for creating employment. I would like my colleague to further elaborate on tax credits that would actually create employment in this country.