Mr. Speaker, under the Liberal government, Canadian auto production is down by half. Mass auto layoffs in Oshawa, Brampton and Ingersoll are devastating our communities. We gave the minister a very reasonable solution to help auto workers. Under section 153 of the Income Tax Act, he can bring forward a regulatory change to reduce the mandatory withholding rate on lump sum severances for impacted workers.
The Minister of Finance rejected it. Why?
