Mr. Speaker, I am glad the Minister of Finance thought it was a good question, but I would have liked an answer.
The federal tax rate for large corporations has fallen from 28% to 15% since 2000. The amount of dead money, meaning assets and cash held by those corporations, increased dramatically beginning in 2000. On the whole, corporate tax cuts have not helped create jobs, and that money has not been invested. It has been channelled into financial speculation and massive corporate executive paycheques.
Here, again, is my question for the Minister of Finance. Will he refrain from cutting corporate taxes in his Wednesday update?