Mr. Speaker, on Tuesday, in response to a question on the possibility of a family trust being transferred abroad without payment of capital gains tax and without interest on tax owing, the Minister of Finance declared in the House, and I quote: "The Bloc Quebecois critic is wrong. As soon as taxes are due they have to be paid. If they are not paid, interest will be charged".
My question is for the Minister of Finance. Does the minister still hold to his Tuesday version of the facts, that a millionaire transferring a family trust abroad must pay taxes to Revenue Canada and interest owing on unpaid taxes?