Mr. Speaker, I hope that the current government is not taking credit for transfer payments.
If we look only at the transfer payments for health, in last year's budget, the government cut the increase in those transfers from 6% to 3% a year. Yes, the transfers will continue to increase, but only by half as much at a time when we will have to deal with an aging population and a demographic curve that will require us to invest more in health. The government has capped the increase in those transfers.
I talked about only one aspect of Bill C-4, and my colleague from Parkdale—High Park mentioned quite a bit more. I am actually focusing on the elimination of the tax credit, which will have an adverse effect on Quebec in particular, when the Quebec model should be adopted across the country so that everyone can benefit from it. Venture capital and development capital are crucial for Canada's economic development.