Mr. Speaker, on January 1st, every single one of our small businesses will see their taxes cut. This is good news for the middle class and for those who are working hard to join it.
However, we have made changes to ensure that the wealthiest Canadians cannot find ways to bring their taxes down to a lower rate than that paid by middle-class Canadians. This simplification will not only help many people continue to do what they are doing to help their families, but it will also ensure that the wealthiest Canadians do not benefit even more.