Mr. Speaker, I really disagree with my colleague. Our small business tax rate is very competitive. It was lowered and will be lowered once again in January.
Since November 2015, our government has invested $389 million and some 37 projects have been undertaken by Canada's automotive sector, resulting in nearly $4.1 billion in investments in total in the sector. That is not a government that is doing nothing. That is not a government that is not standing by the automotive sector. We have been standing by it. We have made many investments in the sector. As a result, many of the companies have experienced grown. There have been 23 other projects announced without any federal government support, leading to a minimum of $1.5 billion in automotive sector investments.
Once again, although we have heard bad news today, there has been much good work that has been done. We will continue to do so and continue to stand by the families and the workers who are affected by this closure.