Mr. Chair, I appreciate the attention to that matter from the minister. Yes, we do have a great working relationship, and I know that will continue.
We have a lot of small businesses in Kings—Hants. When we talked today in the House about affordability, I chastised some of the Conservative positions in the opposition day motion as being too narrow and not looking at broader affordability measures. Yes, we have already reduced gasoline prices by 28¢ a litre, but I talked about some of the social programs we have put in place, and I also talked about the CPP rate reduction.
In the spring economic update, the government, through the Minister of Finance, is proposing to take the rate reduction from 9.9% down to 9.5%. This is going to save a T4 employee in the economy about $170 a year, which is important. That is more money back in people's pockets. Of course, there is a corresponding connection to the employer not having to put that CPP contribution in, and that can be multiplied by the amount of T4 employees that it has.
Would the minister care to comment on that CPP rate reduction being a small but meaningful policy to move the needle for small businesses and employees across the country?
