Mr. Speaker, Canada's current 13% capital gains tax disadvantage with the U.S. is hurting our high tech sector and is feeding the brain drain.
The Liberal dominated House of Commons industry committee as well as the Senate banking committee have both recommended reducing our capital gains tax burden to the U.S. levels or even lower.
Will the finance minister heed the advice of his own colleagues and reduce Canada's capital gains tax burden to U.S. levels or, even better, why not scrap Canada's personal capital gains tax altogether?