Mr. Speaker, one of the fastest growing and most successful sectors of the economy in the riding that I represent is the high-tech sector. When we look at the opportunities for the high-tech sector to create jobs, it has a choice not just to create them inside Trinity—Spadina, but it has the choice to create them outside the riding and in fact outside the country. In order to create a favourable business climate to create a new job, a high-paying job, in a strong sector, we need to create the economic conditions that induce that decision being made locally.
EI premiums alone are not going to necessarily create that circumstance. No single-purpose bill in the House will ever do that. However, when we look at the structure of that business and at the cost of employment, when there is a way to reduce the cost of employment, it induces the creation of a job. The good news about the motion is that the tax cut does not just roll through because someone wants and hopes to create a job. Only if the job is actually created is the EI benefit reduced. We are not spending money in the hope of creating a job. We are compensating for the actual creation of a job and creating the environment in which to create jobs.
That is why I thought the motion would appeal to your party.