Mr. Speaker, the Conservatives' income-splitting plan will give nothing to 86% of Canadians while handing out tax breaks to the richest in our country. It is such a bad idea that even former finance minister Flaherty panned it. To make matters worse, the Conservatives plan to drag the provinces along for the ride and put a $1.7 billion hole in provincial budgets.
Does the minister truly intend to spend billions of taxpayers' dollars and provincial revenues on this hare-brained scheme?