Mr. Speaker, I thank the member for his comments. Like all parents, we want our children to do well.
When we look at the economic budget issue, there are many aspects to consider, one of which is that the Conservative government, for six years in a row, lowered the corporate income tax for big corporations. The Conservatives are probably proud of that, but let us just put the figures on the record and analyze them for a minute.
The corporate income tax went down from 22% to 15% over the course of six years. That meant that $12 billion in revenue was lost for Canadians and for the government. That is money that could have been invested in a variety of fashions.
The evidence indicates that these cuts actually did not stimulate investments or deliver the promised job creation. Barbados and the Bahamas, two countries that are tax havens because of their lower tax rates, have unemployment rates of about 12%. In the context of that, would the member agree that there should be a redirection with respect to the corporate income tax and that those monies be regained and invested for Canadians where they need it the most?