Mr. Speaker, as we debate the red tape bill and what it would do for small business, there is an opportunity today to focus on this term “job creators”. We have heard for some time from the Conservative administration that the job creators are the large corporations whose corporate tax rate they have reduced to 15%. It is clear, based on the evidence as described by our former governor of the Bank of Canada Mark Carney, that the large corporations are taking the money they have avoided in paying taxes and having it slosh around in their bank accounts. Mark Carney called it the “dead money”. It is now an astonishing 32% of our GDP that is in these large corporate bank accounts. It is not helping to create jobs, while small and medium-size businesses and enterprises do create the jobs.
I wonder if my friend has any comments on that.