Sure, but basic economics and finance would say that you're going to claim that deduction where it means the most money to you; you're not going to claim it in a lower-tax jurisdiction. That's basic finance.
I want to go back to something from 2002 that you said. You said:
... hundreds of millions of Canadian tax dollars have been lost to multinational firms because of weaknesses in federal law.
Foreign-based companies have taken advantage of loopholes in Canadian laws to cut millions of dollars from their tax bills here.... At the same time, many of those firms report their earnings in low-tax countries such as Barbados, and pay their taxes there.
Tax rules that reduce tax revenue mean either higher taxes for other taxpayers
—the average Canadian—
or reductions in public expenditures.
—meaning we can't afford to pay for as much of our social safety net.
Nobody wants to pay someone else's taxes. ... It's time to fix this.
This was in 2002. Well, here we are in 2007 and we're talking about entering into steps to eliminate double-dipping. It's time to move on this, wouldn't you agree?