Mr. Speaker, yesterday I asked the hon. member for Wascana a question, and I would now like to put the same question to the member for Malpeque.
The measure to eliminate the tax credit for labour sponsored venture capital funds was not included in Bill C-60, but it was announced in the budget. This measure is very important and very controversial. It has been criticized by Canada's Venture Capital and Private Equity Association, an organization that represents private equity companies in Canada.
What is the third party's position on the elimination of the 15% tax credit, which we think is crucial? The hon. member for Wascana did not seem to think the matter was crucial enough to look at.