Mr. Speaker, I thank my colleague from Rimouski-Neigette—Témiscouata—Les Basques for his speech. I would also like to send him my greetings and say that I am eager to join him on the Standing Committee on Finance to help improve things.
In my experience on other committees, and particularly the Standing Committee on International Trade, I have had the opportunity to admire very close up what might almost be seen as candour, albeit relatively harmless. I am referring to the culpable naivety of the government when it comes to Canada’s ability to compete in the world. In relation to fiscal policy, we are talking about both individuals’ and corporations’ ability to compete.
Sometimes it is frightening to see the extent of the magical thinking that goes on. My colleague has observed this very accurately. Unfortunately, while we do support Bill C-48, the Income Tax Act will be a great deal more complex.
I would like to invite my colleague to share his vision of matters in relation to the problem of the ability of the various actors in Canada’s domestic economy to compete on the international market, in connection with the problems he has identified.