Mr. Speaker, I want to change the subject from air travel and go back to the budget and the huge deficits that Canadian taxpayers are facing over the next decade.
The Conservatives cut corporate income taxes by over one-third over a six-year period. The parliamentary budget officer found that these cuts were costing the Canadian taxpayer $12 billion a year. That is a lot of money and could go a long way to helping the government pay off its debts. What is more, there is no evidence at all that these cuts stimulated any industrial growth or jobs, and so they were a pure debt on society.
Right now, corporate income tax is well below that in the United States, our competitors. I am just wondering what the Liberal government is waiting for when it comes to making big corporations pay their fair share of taxes.