Speaking of deferred taxes, when the auditor at Consolidated Bathurst was asked "When will you pay your company's deferred taxes?", he replied "Never". Right now, deferred and accumulated taxes represent a total of $36 billion, 5 per cent of the Canadian GDP, and nobody in the finance department, starting with the minister himself, seems to be concerned.
Given the size of this tax expenditure and its unwarranted use by certain large corporations that are making a profit, will the Minister of Finance not admit that he should immediately issue rules so that one day these corporations will pay their fair share?