Mr. Speaker, I, too, welcome the member for Skeena—Bulkley Valley back to the House and congratulate him on his re-election to the House.
Liberal members have been committed to corporate tax fairness for a great number of years. We proceeded with corporate tax cuts through years when the books were balanced and years when there were surplus budgets. However, now that we are in the midst of a deficit, I agree wholeheartedly with my colleague that this is not the time to cut corporate taxes.
My colleague brought forward a point in his speech on the issue of the law of diminishing return. If we had no corporate taxes that would be fabulous and there would be jobs all over the place. However, let us look at Ireland. I know my colleague is a well-read man. Ireland brought its corporate tax rate down to 13%. How is that working out for Ireland?