Mr. Speaker, no it does not.
What is remarkable about something like income splitting, as an example, is that only 15% receive the benefit, and that is skewed toward wealthy Canadians, but 100% of Canadians pay for it. Therefore, we have this strange reverse Robin Hood scene going on with the Conservatives where they take from the middle class and the poor to ensure that some wealthy folks, who, Lord knows, could always use a little more according to the Conservatives, get a little more.
The Conservatives not only have missed an opportunity around questions of fairness, but they have missed the reality of what Canadians want right now, which is affordable child care. I would encourage my friend from the Liberal Party to develop a program, as we have, because we have found this issue resonating with Canadians across the country. The extra $60 a month does not mean much to parents who pay $1,600 a month in child care costs. What they want is affordability.
Women are participating in our economy right now at the lowest rate since 2002. Every economist will tell us that on affordable child care, for every $1 that is put in, the economy gets back $2 to $3. This is a true investment. What does income splitting, at $2.5 billion a year, do for the Canadian economy? Nothing.
Yesterday was a good day for those who are wealthy, but not such a good day for everybody else.