Madam Speaker, during the last election campaign, we were told repeatedly that corporate tax rates had to be lowered or else companies would leave Canada and relocate south of the border. However, only several days after the most recent corporate tax cut, Caterpillar is relocating to the United States. What is more, the company is leaving our country with more money in its bank account because it benefited from the government's tax cuts.
Is it correct to say that the policy to lower corporate taxes appears to be a failure, given that companies should, I believe, have invested this money to increase productivity, which was not the case with Caterpillar?