Mr. Speaker, I would say that my hon. friend over there is guilty of what one might call selective Conservative listening. I certainly never said that I was advocating an increase in corporate taxes. What I said was that among the options for lowering taxes, I would put corporate taxes fairly low on the list.
It was not I who talked about dead money. It was the governor of the Bank of England. His name is Mark Carney, who, the member might remember, used to be the governor of the Bank of Canada. He is hardly a railing socialist or communist, yet he was the one who used that expression with regard to Canada's corporate sector.
There are only a limited number of dollars available. If we have very low corporate tax rates, we have to have other kinds of higher taxes or lower social spending. There is only so much money in the pot. We have to make choices. My point was that taking corporate taxes to the point where they are some 14 percentage points lower than they are in the United States may not be the best allocation of limited Canadian resources.