I think it's fairly simple. Canada wants to attract investment capital to our country, and this tax puts a brake on that. What we're trying to do is stimulate our economy, our productivity, and our competitiveness, so that our standard of living and the quality of life that we've come to enjoy will continue. This is one of the impediments that the government is trying to remove.
On December 5th, 2006. See this statement in context.