Mr. Speaker, in 2015, the government will be eliminating the federal tax credit for labour-sponsored funds even though it has not carried out any real impact studies or consultations.
According to one study, the gradual withdrawal of the tax credit will halve annual investment in Quebec businesses from $521 million to $250 million in three years.
Rather than eliminate the tax credit, will the minister here commit to carrying out a closer review of the labour-sponsored funds' new proposal to create a new partnership with the federal government based on mutual interests?