Mr. Speaker, the member for the riding neighbouring mine talked about businesses and farmers. He will know that when budgets are tabled in the House, businesses look eagerly at them to see an economy's direction.
Earlier today, my NDP colleague mentioned about $500 billion in debt money that was not being invested. The October 6 issue of The Economist said that the government's focus on one sector of natural resources, oil and gas in particular, had caused investors to invest in storage and transport rather than machinery and equipment, which could lead to productivity gains.
Growth is slowing. We are 152nd. We in the NDP proposed that small businesses have a 9% tax rate. The Conservatives have not gone far enough. They have only lowered it to 11% for small businesses. The uncertainty being proposed by the Conservatives is causing investors not to know where to put their money. It is causing oil and gas companies to have problems promoting their projects because we have reduced regulatory burden.
As the member will know, the number nine pipeline passes across his territory. With uncertainty in this market, how will the member's citizens know that the government is overseeing this project properly and how will investors know where to invest their money with this sort of convoluted budget that has been created?