I wouldn't land on either spot specifically. I would say that a situation in which you get a double deduction can provide real value to you. There's a question, in terms of balancing competitiveness with tax fairness and neutrality, of whether that's the regime you want to allow or whether you want to draw the line at allowing a deduction in Canada for a foreign investment, if that's what someone proposed to do, but not allowing them to do that along with a deduction elsewhere as well.
On May 15th, 2007. See this statement in context.