Madam Speaker, when we look at what has happened in the last nine years with the relationship with the Americans, the failed trade deal and the weak Prime Minister we have, Canada has gone from being the number one trading party of the Americans to now the third. Mexico is number one.
Let us look at some of the reasons. They include taxes and regulations. Canada has increased the carbon tax over five times; it is going to increase the carbon tax again by 19% on April 1. The Americans do not have a carbon tax. If we look at regulations, we have capital gains increases, taxes in Canada that are almost double the Americans. In Texas, there are no federal taxes. The state tax is only 25%. We have taxes, regulations and now loss of wealth. The member mentioned Manitoba is really important to him. It has 10% of its economy linked to U.S. trade. If there is a 25% tariff, that is going to hurt the economy.
Is the member prepared to lose 10% of the economy in Manitoba?