Mr. Speaker, during the last two election campaigns, both in 2011 and 2015, the Liberals made a clear promise to limit the amount eligible for the stock option loophole but backed away from this promise when they came to power. Why did the government decide to break its promise to eliminate the tax loophole on CEO stock options in the 2017 federal budget? It could do it today.
Before the member answers this question, we do not want to hear about the child tax credit. We do not want to hear about all the things they say they are doing to help Canadians and to help those who are not in the middle class join the middle class, because we know that the CEO stock option loophole tax break for people on Bay Street is not helping them.
We want a direct answer. Why did they not follow through with this promise?