Mr. Speaker, we did that and reduced the corporate tax rate, federally, to 15%. We encouraged the provinces to get their tax rates down to 10%. Most of them did, across the country, which has resulted in a combined rate of 25% as the base rate.
Here is what the Canadian Manufacturers & Exporters actually had to say recently about this:
If federal tax rates had not been reduced, Canada's unemployment rate would have exceeded nine per cent in 2009 during the recession....
It is time we get the facts on the table. Business investment has been a key driver of economic and job growth over the past five years, and lower taxes have contributed—