Her taxes or his taxes would have to rise, and their salaries would fall. It has been very clear, and I could point you to thousands of studies that have shown that globalization is the most important source of prosperity in developed countries over the last 30 years. If we prevent the ability for Canadian multinationals to access the global economy, it makes Canadian companies less competitive. It will result in reduced Canadian exports to the global economy and reduced government tax revenue. Simply put, this idea that somehow there's a tax benefit associated with using these conduit jurisdictions, that somehow this is bad for Canada and good for the multinationals, is incorrect.
This is something I've been researching for a long time, and I remember 20 years ago, when everybody was complaining about so much foreign investment in Canada--