Madam Speaker, I want to salute my colleague and thank him for his speech.
There is all kinds of stuff in this omnibus bill, which deals with such topics as space jurisdiction, strip searches in prison and whatever else, but 170 pages are dedicated to the new Liberal luxury tax.
This tax will have a significant impact on entire sectors of our economy. One example frequently mentioned by Conservative members on the Standing Committee on Finance is the whole boating and pleasure craft industry. When we asked finance officials to table the impact studies for this tax, they turned to us and said they had nothing, they did not know about it, and they had not done anything.
Does my colleague think it is acceptable for the government to implement a new tax that is going to affect whole sectors of our economy without doing any economic impact studies?