Madam Speaker, I would like to thank the hon. member for his comments, especially around economists. I once heard a respected conservative economist say that economists exist to make astrologers look good.
I want to ask the member about taxing the ultrawealthy to help pay back this pandemic debt. It is low-income Canadians who have been really impacted by this. People have lost their jobs and some people have lost their lives. Why has the government not brought in a wealth tax? Eighty per cent of Canadians want a wealth tax on the ultrawealthy. Instead, we get a luxury tax of 10% on people's latest Ferrari or yacht. Why has the government not taken the bold step to bring in a wealth tax so that the wealthy are paying this debt down?