Mr. Speaker, I thank my colleague for his excellent question.
He is right: we make a big deal out of tax freedom day, a day mid-year by which, according to the Fraser Institute, the average Canadian has paid all of his or her taxes. There are a lot of problems with the way this indicator is calculated.
It is important to consider the value of another method, one developed by the Canadian Centre for Policy Alternatives, which looks at how long it takes corporate executives to earn more than the average worker. It happens very early in the year, around noon on January 3, 2017.