I want to comment on the amendment moved by Mr. Chambers.
First, I want to commend my colleague for his dedication, his intelligence and all his work on the committee. It's truly a pleasure to work with him.
I like the idea. However, I want to raise two issues that may lead me to vote against the amendment. I would like us to discuss these issues before we vote.
First, when this tax was discussed, some colleagues in the Conservative Party expressed the following concern. What would happen if our American neighbours, our neighbours to the south, implemented the same type of legislation? There was some reluctance in this area. If the United States were to adopt reciprocal legislation or legislation with a mirror effect, it would mean that, for two years, snowbirds wouldn't be able to buy a home in the United States. Since we're talking about a significant number of people, I'm already anticipating many calls and visits to my constituency office. Many people would be unhappy. This is one reason why I would vote against the amendment.
Second, I agree with the general idea, but what about the exceptions? For example, if a Canadian homeowner wants to sell their home to their children who aren't Canadian citizens or permanent residents and who don't live in Canada, the transaction can't take place for two years. How do we address this issue?
These factors raise enough doubts for me to reject the amendment, even though the overall spirit of the amendment is appealing.