Madam Speaker, in my riding of North Island—Powell River, there are some serious concerns regarding the fisheries. For many years, successive governments have not supported restoration and local community hatcheries. That has put a lot of the community members I represent in great financial difficulty.
When we look at this legislation, we have to recognize that the gap between the richest Canadians and low-income Canadians is growing. In fact, the 100 richest Canadians now hold as much wealth as the bottom 10 million Canadians combined.
In the last two elections, the Liberals promised to cap how much could be claimed through the stock option deduction. However, they backed down on that promise more than once after they took power. Why did the government decide to do this? Why not keep that promise?