Mr. Speaker, I want to ensure the hon. member understands that the Liberal Party and the Liberal government believed in corporate tax cuts during times of surplus. In fact, we still believe in cutting corporate taxes when there is a surplus and when we can afford to do it without putting Canada further in deficit.
Today, we are in an unprecedented $56 billion deficit and it is not right to cut corporate taxes further now.
Will the member confirm what the NDP intention is in terms of the vote on this opposition day motion? Will the NDP be supporting the Liberal opposition day motion that says that it is wrong to cut corporate taxes further during times of deficit, or is the NDP position one of supporting corporate tax cuts when Canada is in deficit but opposing them when Canada is in surplus? I find this troubling.
Perhaps the NDP has embraced Reaganomics or the trickle down notion that we are already in debt so let us cut corporate taxes and go deeper in debt. Perhaps Ronald Regan, who recently would have had his 100th birthday, is looking down at all of us today saying that he even convinced the Canadian New Democrats to embrace his voodoo economic policy.
I am not certain. I am always confused by NDP economic policy but this one is particularly troubling. Is it the NDP position today that it will support the Liberal motion or does it support cutting corporate taxes on borrowed money, the Conservative Reaganomic voodoo economic policy?