Mr. Speaker, I was the head of the chamber of commerce for four years, but I worked in the banking sector for 20 years.
The superdeduction for the purchase of capital assets is a major measure. It will enable businesses to automate, introduce robotics and get a tax deduction.
I can say that bankers are already calling businesses to help them finance their investment in order to modernize and be more productive. They know that they will also be eligible for a tax deduction that will make Canadian businesses the least taxed in the world, which is a real advantage in terms of global competitiveness.
My phone has been ringing off the hook since Tuesday. Business owners in Quebec are calling me to tell me how happy they are to finally have real help to modernize and increase their productivity.