Madam Speaker, before I get into my question on the member's three-step approach, lowering taxes, a balanced budget and controlled spending, I think the Conservatives failed for 10 years on those three fronts. They did not lower taxes. They did not balance the budget. They added $150 billion to the national debt. Therefore, I would argue that the member has very little credibility. With all of that, they had the worst record on growth and job creation since the Great Depression, so I think that is to be taken with a grain of salt.
The member likes to quote the CBC. Let me quote an analysis that was made public a little over a year ago:
The public transit tax credit did little to increase the use of public transportation. The children's fitness tax credit did little to increase participation and tended to disproportionately benefit wealthier families. Income-splitting similarly resulted in high-income households receiving more than low-income families.
I do not know if the member has been through that, but I have. I was raised by a single mother who had little use for the fitness tax credit because her revenues were so low that she did not have the luxury of having an accountant look at all of those credits, whereas the Canada child benefit, which is not taxed, is much more useful.
The member keeps quoting a study by the Fraser Institute that fails take into account the Canada child benefit and whose authors describe the Canada—