Before we go to the clause-by-clause, I would like to make a statement on this bill.
First of all, I want to start off by saying that the principle of this legislation is a good one. That's why we introduced the labour mobility deduction. I think that was something we all favoured, and we all look forward to helping to improve the lives of workers.
I think that if there's a value that we share in this committee, it is this one.
That said, the bill has some major flaws. I'm concerned about the potential for abuse. Being a tax accountant, I know that tax laws obviously have to be sound. Otherwise, the people the law doesn't apply to are the ones who benefit. The tax system has to be sound so that the wealthy with the means to pay for the services of bad actors can't take advantage of the law and erode the tax base.
I'm really concerned about this, so I will be voting against the bill.
Thank you.