Mr. Speaker, I want to thank the hon. member for Yukon for her kind words of congratulations.
I do not think I can do justice to her question in the brief moments that we have here but let me comment with regard to at least the concept of no new taxes vis-à-vis corporations, offshore companies and family trusts.
The concepts of fairness and equity would say that government has to revisit all of the provisions. There are no more sacred cows. To the extent that businesses are indeed draining capital or sheltering business income through offshore instruments, this government, if it is to be true to its value system of fairness and equity in our tax system, must investigate, analyse and work toward reasonable solutions to ensure that the income derived from Canadian soil is invested to the greatest amount in Canadian opportunities.