Evidence of meeting #10 for Access to Information, Privacy and Ethics in the 39th Parliament, 2nd Session. (The original version is on Parliament’s site, as are the minutes.) The winning word was mulroney.

A recording is available from Parliament.

On the agenda

MPs speaking

Also speaking

Hon. Brian Mulroney  P.C., As an Individual

12:10 p.m.

NDP

Joe Comartin NDP Windsor—Tecumseh, ON

What happened to that money?

12:10 p.m.

P.C., As an Individual

Brian Mulroney

It stayed there until I resolved the entire matter with the income tax authorities in Ottawa and Quebec.

12:10 p.m.

NDP

Joe Comartin NDP Windsor—Tecumseh, ON

You've already told us that. What I'm asking you is what happened to it?

12:10 p.m.

P.C., As an Individual

Brian Mulroney

Then, after that period, I integrated those funds over a period of time into my own requirements in the United States.

12:10 p.m.

NDP

Joe Comartin NDP Windsor—Tecumseh, ON

So you never, in your belief, ran afoul of the legislation that prohibits you from moving $10,000 or more in cash across international boundaries.

12:10 p.m.

P.C., As an Individual

12:10 p.m.

NDP

Joe Comartin NDP Windsor—Tecumseh, ON

You say you integrated it into your businesses in—

12:10 p.m.

P.C., As an Individual

Brian Mulroney

My cash float.

12:10 p.m.

NDP

Joe Comartin NDP Windsor—Tecumseh, ON

But you never declared income on it in the United States.

12:10 p.m.

P.C., As an Individual

Brian Mulroney

No, I didn't, because I didn't have to.

12:10 p.m.

NDP

Joe Comartin NDP Windsor—Tecumseh, ON

Even though you integrated it into your business affairs?

12:10 p.m.

P.C., As an Individual

Brian Mulroney

Yes, of course, because under the tax treaty between Canada and the United States I declared all of my worldwide income, as we all must, and I paid full taxes on it.

12:10 p.m.

NDP

Joe Comartin NDP Windsor—Tecumseh, ON

Concerning the position you're taking that you did not have to declare this money when received, but only when you sent a bill, the first question is did you ever send Mr. Schreiber a bill?

12:10 p.m.

P.C., As an Individual

Brian Mulroney

No, I didn't send him a bill, in that sense.

12:10 p.m.

NDP

Joe Comartin NDP Windsor—Tecumseh, ON

Why not?

12:10 p.m.

P.C., As an Individual

Brian Mulroney

Because it was not part of the.... As he told you in his testimony, “I viewed Mr. Mulroney's initiative”—

12:10 p.m.

NDP

Joe Comartin NDP Windsor—Tecumseh, ON

So we're supposed to believe him, now?

12:10 p.m.

P.C., As an Individual

Brian Mulroney

No, no. Not at all.

It's his money. You're asking me what he explained to you about his money.

12:10 p.m.

NDP

Joe Comartin NDP Windsor—Tecumseh, ON

Today I'm asking you what you did with that, and why—

12:15 p.m.

P.C., As an Individual

Brian Mulroney

Oh, well, that's okay.

12:15 p.m.

NDP

Joe Comartin NDP Windsor—Tecumseh, ON

Mr. Mulroney, it's really difficult. I practised law for a long time, and for me it's pretty basic for every business person I ever acted for, every professional I ever acted for, every consultant I ever acted for: you take money in, you take the deductions off it, you declare the income, and you do it in the year you're doing it, and you do it all with records and all the rest of it.

You didn't do any of that, did you, Mr. Mulroney?

12:15 p.m.

P.C., As an Individual

Brian Mulroney

I kept records myself, but generally speaking, sir, you're right.

12:15 p.m.

NDP

Joe Comartin NDP Windsor—Tecumseh, ON

I'm suggesting to you that you didn't declare those expenses because in fact you didn't keep records and you couldn't show to the income tax people what you had spent.

12:15 p.m.

P.C., As an Individual

Brian Mulroney

You can suggest whatever you want; it doesn't matter, because I didn't claim any expenses. I paid it all as income to the tax authority of Canada.

I'm sorry, sir; if you wish to impugn my integrity or impugn my intentions, that's okay.

12:15 p.m.

NDP

Joe Comartin NDP Windsor—Tecumseh, ON

I only have a bit of time left. Are you able to produce records to show specifically that the $40,000 a year you claim you spent—