Mr. Speaker, I am very proud that our government makes investments to preserve Canadian culture and heritage and steps up to support our media industry and journalists across the country. We have certainly heard that they are experiencing challenging times. The business model for that industry has been challenged over the last few years, mostly due to how many online outlets there are and how the information ecosystem has changed dramatically.
However, I want to focus on the many tax measures in the budget that are substantive for many Canadians across the country. I would point to the immediate expensing and accelerated depreciation for businesses across Canada, which would allow them to boost their productivity. I ran a business for 13 years, and when someone runs a business, they put money aside to pay their taxes at the end of the year. Having these 100% writeoffs for new machinery, equipment and technology would allow businesses to make those investments immediately because they would know that they would have those tax writeoffs at the end of the year.
