Mr. Speaker, my question is for the Minister of National Revenue.
As the minister knows, international companies with subsidiaries in Canada establish prices for transferring goods and services between them. This is known as transfer pricing. Although the finance department is attempting to clarify the rules for establishing these prices there is still the question of tax fairness as profits can be internally adjusted.
This government says it is concerned about increasing its revenues. In order to create more equity in the tax system would the minister commit to investigating tax losses from transfer pricing and report to the House his plan to access that lost revenue?