Mr. Speaker, hard-working Canadians cannot afford to pay more taxes. The Canadian Federation of Independent Business said that no business can afford higher payroll taxes either, but the finance minister is again putting Canadian jobs at risk. The Liberals have already backed off on their election promise to lower the small business tax rate. Now they are going to raise payroll taxes.
Why is the finance minister killing the backbone of the Canadian economy with irresponsible CPP payroll tax hikes?