Mr. Speaker, my question is for the Minister of Finance. Yesterday, the Secretary of State for International Financial Institutions acknowledged that the new Canada-US tax treaty penalized Canadians and Quebecers receiving American pensions and that the Minister of Finance would discuss the matter with his American counterpart, Mr. Rubin.
With low income pensioners having seen their pensions shrink by 25 per cent, with no possibility of recovery, what sort of proposals, exactly, will the minister make to his American counterpart?