Mr. Speaker, I thank my colleague for his speech.
I would like to talk about a topic that he did not address himself. Perhaps he had a good reason, since this was not good news for Canadians, and more particularly for Quebeckers.
I am talking about the elimination of the tax credit for labour-sponsored funds, including the FTQ and CSN funds in Quebec. Eliminating this tax credit will save the government $350 million, including $312 million in Quebec.
Clearly this is a direct attack on the Quebec economy. These labour funds enabled people to get an additional tax credit while investing in local businesses that sustained the economy of most regions in Quebec.
Could he talk about the government's decision to eliminate this tax credit and explain why he has attacked the economy of Quebec's regions?