Mr. Speaker, I would like to thank my colleague for the question. It is a very interesting one and very relevant to my portfolio as urban affairs critic and my comments about the urban workforce and urban economies. Innovation is a social process. It is a process of sharing knowledge. There is a spatial requirement, or in fact a geography, to the process of innovation. It is a distinctly urban process. What we have coming from the government is nothing that addresses the issue of urban economies. Eighty per cent, maybe 85%, of Canadians live in cities and depend on government to do something for them about urban economies, to make them strong economies and for innovation. The $350 million tax on the labour venture funds will do nothing to enhance innovation in this country.
In the House of Commons on October 28th, 2013. See this statement in context.