Brian Pallister at the Finance Committee

On April 24th, 2007. See this statement in context.

April 24th, 2007 / 11:45 a.m.

Conservative

The Chair Conservative Brian Pallister

So they'd still be able to do that.

So what's at issue is the interest deductibility of borrowing money on these Canadian assets, writing off the interest charges to reduce Canadian tax obligations so that such capital could be sourced by that leverage. Isn't that the issue that's addressed in the budget?

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