Mr. Chair, yesterday, the Prime Minister announced the large employer emergency financing facility. That's good.
What's even better is that he announced that the loans would be tied to conditions. One of those conditions forces companies not to resort to tax evasion or tax avoidance through tax havens. Excellent!
Unfortunately, I quickly became disillusioned because it is more about abusive tax evasion and avoidance. Basically, we're talking about fraudsters. There are no conditions that would allow us to tighten the screws on profiteers.
Companies that legally take advantage of tax havens to avoid paying their taxes will have access to the large employer emergency financing facility.
Why does the Prime Minister continue to support the profiteers?