Mr. Speaker, once again, the NDP has shown us its economic expertise. The New Democrats actually do not understand that the credit unions still have access to the lowest small business tax rate out there. That has not changed.
We are simply eliminating an outdated tax subsidy that was set in place back in the 1970s, when tax systems were very different. We have actually reduced taxes in many other ways. No other business, I would remind hon. members, receives the special tax subsidy that the credits unions are receiving.