Mr. Speaker, I know the hon. member is an economist and knows a bit about finance. He sits on the finance committee and is the former finance critic.
The government always boasts about being able to introduce certain tax reductions. All it has done to boost productivity, as the member's speech was focused on productivity, was to extend the accelerated capital cost allowance. However, companies have been asking for it to be extended it for longer periods of time, because the purchase of large machinery and equipment requires a four- or five-year commitment down the line. I wonder if the member is in agreement with this.
As well, the government is boastful about reducing taxes, but what we have actually seen is an increase in unemployment premiums, an increase in income tax rates in the first years of this government and increases in all kinds of other hidden taxes. I am wondering if that adds anything to productivity.