I have so much to say. The Department of Finance should explain what constitutes income from active business carried on by a corporation. I wish someone would give us a clear and precise definition of what the Department of Finance means by a tax loophole, of what they mean when they talk about income from active business carried on by a corporation as opposed to "passive business". I know this is complex, but these are all food for thought if we want to really understand our duty as politicians, as members of Parliament who must manage public affairs.
In the House of Commons on February 1st, 1994. See this statement in context.