Mr. Speaker, the elimination of the labour-sponsored funds tax credit is another frontal attack on Quebec and its workers.
In addition to impoverishing people who are trying to save for their retirement, the federal government is also going to deprive Quebec SMEs of a key economic lever.
Labour-sponsored funds are an integral part of Quebec's economic organization, as demonstrated by the fact that $312 million of the $355 million Ottawa plans to take away from workers will be from Quebec.
How can the Minister of Finance eliminate a program that encourages workers to save and an economic development tool that works? Why did the government table an anti-Quebec, anti-worker, anti-union budget?