Madam Speaker, the parliamentary secretary is exactly correct. The rate dropped from 18% to 16.5% on January 1. If Liberals get into office, they will increase taxes in this country by 1.5% on any business making over $500,000. That is not just large corporations. That is medium and small corporations as well.
The plan is to go to 15%. As the chambers of commerce across this country have said, they have booked on that, they are investing on that and they are hiring people on that. That will be a tax cut as well. That will be a 3% tax cut on every small, medium and large corporation in this country.