Mr. Speaker, I want to talk about the corporate tax cuts for a second.
In the year 2000, the corporate tax rate was 38% and the Americans' was 36%. Under the Paul Martin government, it was lowered from 38% to 20%, which put us in the middle of the G20 and, in fact, in the middle of the G7 among tax rates.
The present government has dropped it from 20% to 15%. That is taking $16 billion a year out of the fiscal capacity of the government to address the problems that we have today and the problems that I see every day relative to seniors.
We made the proposal to cancel the January 1, 2012, tax cut. We hear all this talk about tens of billions of dollars in costs. Companies are already paying that $3 billion to $4 billion right now. This is not a new tax. Let us talk about the present time. The present time says that we should cancel that because there are things that need to be done.
The government needs a manufacturing strategy going forward to address the infrastructure alone of $130 billion.
I ask the member to comment on that.