Bill Morneau on Taxation

Mr. Speaker, I did spend a few minutes talking at the Canadian Chamber of Commerce meeting this weekend, because I wanted to make sure that we started with a frame of reference. I talked about how our system currently encourages the wealthiest to incorporate so that they pay a lower rate of tax than the middle class. However, what I really did there was listen. I listened to what was going on. The small business owners and the chambers there told me what they thought about what we were trying to do, and I think they left with a better understanding of what we are trying to achieve. My view is that they understand broadly that what we are doing is leaving a low tax rate that they can invest—