Mr. Speaker, the government has commented so much about making fact-based decision-making, but it shows once again: it is great at making announcements, but gets a D on delivery.
The Canadian Federation of Independent Business did a massive survey of thousands upon thousands of businesses. It heard very clearly that the increases in the payroll tax are going to come at the expense of lower wage increases for employees and fewer job opportunities.
As stated in quite a few reports, the reality is that this is a made-up crisis by the Liberal government in order to push through another tax. It is very clear that the CPP is safe, but it delivers below-average returns compared with RRSPs or other investment vehicles. It is purely a tax on jobs, and it is going to cost Canadians in the short and long runs.