Mr. Speaker, pursuant to Standing Order 36, I would like to table a petition on behalf of residents of my riding. The petition reads: We, the undersigned residents of the Province of Quebec, wish to call the attention of Parliament to the following: that the government should be made aware of the unfair treatment of seniors in implementing the elimination of the capital gains exemption. The fictitious capital gain which must be reported this year will count as a real gain, thereby forcing thousands of seniors who cannot afford to do so to pay back to the federal government their old age security benefits.
Therefore, your petitioners humbly pray Parliament to ask the government not to consider as real the fictitious gain made by taxpayers who chose to protect, in 1994, the capital gains exemption they had been entitled to until then.