Thank you, Mr. Chair.
That's an excellent answer, but it has nothing to do with my question.
The Minister of Finance has the power to fix the problem now. Although completely immoral, the use of tax havens by companies is legal under section 5907 of the Income Tax Regulations. Through simple regulatory amendments, the finance minister could put an end to this kind of abuse.
We are going to have a $250-billion deficit to pay off, and everyone is going to have to chip in, including the rich who are currently taking advantage of the system.