Mr. Speaker, I listened with interest to my Conservative colleague's speech, and I would like to ask him a question.
When I returned to my riding on Friday after the budget was tabled, I met with some very angry people. They were angry because, with the elimination of the labour-sponsored funds tax credit, $800 a year is being taken away from people who are trying to plan for their retirement, people who are trying to save some money and invest in a fund. They are losing $800 a month. That is a very hard blow for a family that is planning for the retirement of one of its members.
I would like the hon. member to tell me why the government eliminated this tax credit when he himself said that it is very important to invest and to plan for one's retirement. This seems rather contradictory to me.