I also wish to address an issue about tax havens, because I've dealt with Cayman, B.V.I., Tonga, Hong Kong, Singapore, Labuan, in my past history.
It seems to me if we keep taxes at the lowest we can, then Canada should be the tax haven itself. Therefore we wouldn't have to deal with any of these problems, because the only reason people use tax havens is to receive a lower tax jurisdiction.
We are already at 15%, one of the lowest tax jurisdictions, even compared to Hong Kong at 16.5%. Is there any benefit in harmonizing or at least getting the provinces to harmonize our tax system federally so that we can have one uniform tax system apply across the board for all of Canada?
Your comments, please, Mr. Eljarrat....