moved for leave to introduce Bill C-232, An Act to amend the Excise Act, 2001 (spirits).
Mr. Speaker, I rise today to introduce my private member's bill, seconded by the hon. member for Brantford—Brant, to reduce the excise tax on spirits.
Canadian spirits are world renowned, and our nation produces premium products that represent nearly $1 billion in exports each year. Lowering the excise tax rate would allow the Canadian spirits industry to invest and be more competitive in the global market. Canadian agriculture and tourism industries would also benefit from a more competitive spirits sector.
(Motions deemed adopted, bill read the first time and printed)