Peter Fonseca on Budget 2025 Implementation Act, No. 1

Mr. Speaker, I patently disagree. That is a false statement that the member has made. The government is investing in innovation. I have spoken to people from many industries. They talk about the SR&ED program, how we are enhancing that program and what it means, and about the investment tax credits we are providing to businesses to accelerate them. That is all done through research and development, through innovation. This is the type of investments that we are seeing—