Mr. Speaker, I appreciate the opportunity to join the debate. I have certainly heard an awful lot this afternoon about tax cuts and tax credits and how that is going to solve all the problems that all Canadians have, all our communities have and all our provinces have.
The only difficulty is that this is a rerun for some of us in this place. Not only have I heard that same message before, I have heard that same message from the very same finance minister in the province of Ontario, who was making exactly the same claims. If hon. members see me shivering from time to time when the finance minister speaks, it is just a shiver going down my spine from listening to this thing all over again.
Let us take a look at the case in point. Let us take a look at what the hon. finance minister did for the province of Ontario by following this holy grail of tax cuts, tax cuts and tax cuts.
What do we have in the province of Ontario after two majority terms of the Mike Harris Conservative government? We have an education system that is desperately in need of investment. We have a health care system that is desperately in need of investment. We have an environmental agenda that desperately needs money and investment.
Not only that, the Conservatives left the province billions of dollars in debt. After they had already gone to all the trouble of balancing things, they brought in all their tax cuts. That works fine in the good times, but in the bad times the tax cuts do not work.
What is the evidence? Again, I go right back to the Mike Harris Conservatives in Ontario. Their tax cuts came at a time when the North American economy was taking off. Ontario benefited from that, but it is very easy to stand up and say that all these wonderful things are happening because of tax cuts. What they were saying was, “The more we cut taxes, the more revenue the province has, and look how great this is”. They did that for a number of years while they could get away with it.
The problem was that as soon as the American economy started to slow down, and eventually it tanked very briefly there, and the Conservatives in Ontario had another round of corporate tax cuts planned, they had to cancel them, to postpone them. Why? Because they could not afford them, they said. Yet that was the same government, and the same finance minister for part of it, that we now have at the helm of the finances of our country.
Those Conservatives had to postpone their tax cuts, having said that the more they cut taxes, the more revenue they had. They had to postpone their next round of tax cuts because they could not afford it. Yet, if we follow their own logic, as things got tougher and if cutting taxes generates more revenue, then they should have been cutting like mad when things got bad, because that would have increased all their revenue.
But no, reality caught up with them, and the reality is that tax cuts alone, although they have their place, are a fine political mantra, but they are no basis or foundation on which to build the kind of country that Canadians want, demand, expect and to which they are entitled. That is what we are seeing here again. That is why it is like back to the future for some of us.
Seven billion dollars in corporate tax cuts, with $1.5 billion in tax cuts that already exist allowed to continue: those tax cuts, by the way, are for that really tough area of our economy, the gas companies and the oil companies. We know how much they are hurting these days, so it makes good sense to leave that $1.5 billion tax benefit to them in place, does it not?
No, not if you talk to constituents of mine in Hamilton Centre. That is not what they are interested in. They want to know how this government is going to help them make sure that their talented children who are willing to work can afford to go to university.
Bill C-48, the NDP better balanced budget, provided money to go to tuition relief. The Conservatives, using the surplus from the last time, which is how the formula was worked out, put in almost that much money and kept it in that category. The only problem is they moved it away from being a benefit to reduce tuition and put it into post-secondary education infrastructure.
It is not that the infrastructure is not needed, but what should have happened was those tuition reductions should have stayed in place. They should have reduced the $7 billion for their corporate friends and put it into the post-secondary infrastructure deficit. That kind of thinking is putting working families first and recognizing their needs.
They want to talk about cuts so much, it was not just taxes that the Conservatives cut. Programs have been cut, and we have only seen the beginning. If the initial calculations are right, we could be looking at upwards of $2 billion, maybe more--