Mr. Speaker, this is ridiculous. The hon. member for the opposition knows perfectly well that we eliminated all the tax benefits for family trusts. I have four pages of tax loopholes here, and I will read them to you. They are too long, and I cannot remember them all.
Eliminate capital gains tax exemptions of $100,000; eliminate tax benefits for limited recourse financing; tighten the rules for debt remission; eliminate the use of butterfly transactions, and I could go on. We have eliminated the loopholes. Thanks to this government, the tax system in Canada is fairer than it has ever been.