Mr. Speaker, I also wish to extend congratulations to the hon. member for Esquimalt—Juan de Fuca on his election. As it happens, we are neighbours. I am very pleased to see him here on behalf of his constituents.
Has the hon. member had an opportunity to look at the Parliamentary Budget Officer's most recent report? The fact is the government has used tax credits as the largest, fastest growing component of budgetary expenditures. The effect of these sorts of tax credits, as he has rightly pointed out, do not benefit people who are not able to pay taxes. Could the member comment on whether we need more oversight of this matter?