Mr. Speaker, I would like to thank my honourable colleague from the GTA riding of York Centre for his wonderful speech. In his speech, he reaffirmed our government's position to return to balanced budgets. I am glad he mentioned it would be without raising taxes, and he indicated in his speech the 150 times we have reduced taxes for the average family. The average family of four in my riding of Scarborough Centre saves up to $3,220, so I am very happy with that.
I would like to ask the member to speak about our new tax break for new manufacturing machinery and equipment, which is in the budget. It is $562 million in tax relief, and as Conservatives, we know that when we reduce taxes for businesses, they reinvest, innovate and hire more people. I would like to ask the member to speak on that specific measure.