Madam Speaker, I want to thank my hon. colleague for his speech. As the critic for small business and tourism, I always love to hear entrepreneurs speak about business.
Certainly, it is an interesting place for the NDP and the Conservatives, because we do have some things in common. We support small business. We supported the small business tax reduction from 11% to 9%. We want to see people, the risk-takers especially, thrive. We want to see them have success and benefit from that success. However, where we differ is certainly around what we call a stock option loophole. The member says it is a capital gain for those who have taken the risk and are getting taxed at half the rate.
If 92% of this tax, this capital gain, is going to the wealthiest Canadians, maybe he can explain if he supports that there should be some changes. Clearly, the money is going to the wealthiest and not going to the backs of the small business people, the hard-working people in our country. I would like the member to elaborate a bit more on why he still supports this when 92% is going to the highest earners in our country.
Again, I have talked with CEOs. They are saying that this is not going to make or break whether they are going to do business in Canada. Programs like SR and ED and investments in innovation are what will make the difference.