Mr. Speaker, over the course of the last year we had consulted with many Canadians on all of the issues that were in the budget.
The hon. member undoubtedly knows that provided professionals the opportunity to defer, for one full year, income otherwise taxable. It gave them a substantial advantage over other Canadians.
Given the government's commitment to making sure that the taxation system is fair and that all Canadians pay their fair share, we closed that loophole.