Mr. Speaker, the one problem I am having is justifying the fact that even the finance department that the Liberal government looks to for advice is indicating that there will be a reduction in employment of 0.04% to 0.07%, or about 1,000 jobs per year over the next 10 years, for a loss of 10,000 jobs in total to the economy.
When we speak to our constituents, we often hear owners of small businesses say this tax will certainly have a negative impact on their ability to expand, with no opportunity to hire more people, and that in some cases it will lead to layoffs.
Could my colleague comment on the immediate negative impact this measure would have on jobs in Canada?