Finance committee  For sure. I can sit here right now and tell you we're going down a long ways still.

Finance committee  Well, it's massive hype. If you want to look at the number of inserts that were in the newspapers that were pure income trusts, if you want to look at the brokers—The brokers call me. You have TV stations doing this. It was just absolutely ridiculous hype telling people what the

Finance committee  As for your comment about comparing to mining and other industries, I don't know how anybody can look at the figures that I gave you today, plus all the updates we've done since then, and come to any other conclusion than that these were quick disasters. They dropped very quickly

Finance committee  Yes. I thought in September 2005 that the warning signal had been given, that it was a good move, and that hopefully it would have cleaned things up. The reversal in November floored me, personally. The fallout we've seen after that has been significant. What amazes me is that

Finance committee  It's not going to do anything. In fact, the e-mails I get are telling me to find someone who's a bigger sucker to sell these things to. So it would be the worst thing on earth to not clamp down immediately. I'm sorry, gentlemen, but sell your trusts except for a handful of impor

Finance committee  It's extremely frequent. We've been tracking these trusts for a long time. We have two major concerns that don't get addressed. One is the Accounting Standards Board in Canada. We're the only country in the world that allows the auditors to set the rules, so it's no great myste

Finance committee  No, I believe the tax is closely interrelated with the accounting and financial reporting. We have a serious question here of why the taxation is somehow favouring for years, and currently doing much the same thing of trying to encourage for 10 years, what amounts to Ponzi frauds

Finance committee  Thank you. I have some handouts. Are they being passed around? Is there one page or are there four pages? I need a clarification. Is there only one page?

Finance committee  Thank you. The first handout is only one page, and it has columns one, two, three, and four on it. This is a live and actively traded income trust, at the moment, and it's trading for around $9. The name has been withheld, but you'll see that we have tracked nine years, from