Mr. Speaker, the Minister of Finance is sending the signal that he might be starting the very long climb down from the income trust debacle. After devastating the markets by musing about whether trusts had a future under his watch, he then told the House that three-quarters of the public were with him on the trust issue. Yeah right, we really believe that.
Now that the minister has had his nose bloodied by seniors and small investors who rely on income trusts, will he finally back away and declare that income trusts are here to stay and he will not raise taxes on them?