Mr. Speaker, in the last election, the Liberal leader said, “Raising corporate taxes, like the NDP want to do, strangles growth.” The current immigration minister also said that the NDP's proposed corporate tax hikes would cost 150,000 jobs.
It stands to reason therefore that raising the corporate tax rate on small business would have a similar job-killing effect on our economy.
Would the Minister of Finance tell us whether his department did a calculation of the number of jobs that would be lost based upon the tax increases the budget imposes on our small business job creators?