Mr. Speaker, the member will not like the answer, so he may get up on another point of order.
Over 10 years, the Harper regime did nothing about the web giants as they came into our communities, Facebook and Google, and sucked up advertising revenue. In my communities of Burnaby and New Westminster, we lost half of the weekly newspapers because of that. Companies can now advertise on Facebook and not have to pay taxes in Canada. They do not have to pay for pensions, or employees or anything. Therefore, of course they can undercut traditional advertising means such as our media.
The Harper regime did absolutely nothing to address this chronic problem, even though we asked question after question in the House and put it forward as opposition motions. The Liberal government has done nothing since it took power.
Ultimately, the media fund is an important lifesaver to the media that remains in the country. What we need is a comprehensive review of our tax system so the web giants cannot get away with undercutting Canadian businesses.
That came out of the pre-budget hearings as well. We heard many people in the business community ask how Canada could have a tax structure that would allow foreign companies to come in, not pay any taxes at all and compete for Canadian businesses. This has been a long-standing problem in the country. It started under the Harper regime, has continued under the Liberal government, and it needs to be addressed.
I think this will be part of what Canadians will be considering in 10 month's time, when they talk through our federal election in 2019. They will be concerned about members of Parliament who were not willing to apply a level playing field in the tax system so Canadian companies could compete.