Someone made the argument that I've heard used by the Conservative members on occasion. It is that the system we have now.... And I recognize its weaknesses; I realize that there are people taking undue advantage of it. Some will typify it as a race to the bottom because of things like double deductions and things like that, but the measure I see here, without its being completely fleshed out and without its being competitive, might cause us to drown near some ideological top.
What does this mean for us? If we go in this direction, if we stop Canadian corporations that need affiliates abroad, that need raw material abroad, and the only way they can do it is by buying into a foreign company, opening a mine, or opening a process abroad, and they can't deduct their interest in Canada, what does it mean for their competition with the Spanish companies and French companies and American companies that are competing in the same market we are?