With all due respect, 70% of Canadians don't have these pension plans. That is point number one.
I don't think you have answered my basic question. Why is it fair to deprive ordinary Canadians of this income stream, and why is it good that this income stream falls into the hands of those who pay essentially no tax? Perhaps on capital gains...I'll concede you that point, but they pay essentially no tax on the income streams, whereas the holders of the income trusts paid high personal tax on those income streams.
I don't think you've answered my question. How can you dispute that it's bad for both fairness and tax revenues?