I would like to speak against it, because, Mr. Chairperson, the work that Mr. Pacetti is recommending be done was done under the Liberal government when it was in power. I would like to table the report of September 2005, Tax and Other Issues Related to Publicly Listed Flow-Through Entities, and refer him and all committee members, especially Mr. Peterson, who asked the same question, to this report for details on the impact on tax revenues as a result of income trusts, to table 5 on page 28, which gives a very clear breakdown of the impact and what to expect.
Mr. Chairperson, if we're talking about getting ahead of the game, as Mr. Pacetti has suggested, we had a chance to do that in September 2005 when this report was made public and when his government agreed to try to finalize a set of amendments to deal with this very serious issue, recognized at that time.
I would suggest, to finish my remarks, Mr. Chairperson, that this is.... Talk about games being played. Here we have a situation where Liberals did the work--