Madam Speaker, I would like to enlighten my colleague a little bit. If he would go to his computer and type in “cap and trade, European scandal”, he will see why there are concerns about it. Actually, over 90% of the carbon trading in Europe may be contributing to fraud in that system. He says that everybody around the world is doing this. He should look to see the results of that in Europe.
He brought up something really important about government policy. He brought up the Prius. I am from Oshawa. We actually build cars in Canada and create Canadian jobs. He brought up an example of how government policy can drive jobs out of the country, because the Prius was at that time built in Japan.
I am worried about jobs in Canada. I am worried about our competitiveness. I am worried that right now Donald Trump says he will drop corporate taxes in the United States. What are we seeing on this side of the table? We are seeing a Liberal government that is raising taxes. There is a new carbon tax and taxes on business. We are talking about the highest electrical rates in North America in Ontario and adding a carbon tax to it, the CPP changes, EI, and the cancellation of the reduction for businesses. It is about simple competitiveness.
Could the member please explain, with his economics 101 and how he tries to condescend to us, how that will work for competitiveness for Canadian automotive builders?