Mr. Speaker, could the Minister of Finance confirm that the action he took yesterday regarding this problem of tax evasion did not plug the loophole, did not prevent money from being taken out of the country, but, on the contrary, only made things easier than in 1991, because now, with what the Minister of Finance has done, trusts will no longer have to pull a December 23 and obtain special authorization in order to be allowed the huge privilege of taking money out of Canada tax free?
In the House of Commons on October 3rd, 1996. See this statement in context.