Mr. Speaker, I thank the member for Dartmouth—Cole Harbour for his insightful question. Think of what we could do with the money we are now borrowing to give to corporations. We could be using it in order to increase Canada's productivity and innovation.
Let me quote from Jayson Myers, President of the Canadian Manufacturers & Exporters on corporate tax cuts in the budget in 2008. He said:
This budget worries me because it sends the message that a reduction in corporate tax rates is the silver bullet for the economy. That gets you in the game. But, it doesn't give you many chips to play with as other nations are encouraging investments in technology, innovation, and skills.