Mr. Speaker, the Minister of National Revenue said this was an arcane and complex problem, yet the deputy minister of finance said it was so simple he did not even have to take notes on the issue. Either the minister is slow on the uptake or the deputy minister is too fast for his own good.
Again I ask the minister will he stop the billions of dollars moving offshore today and restore Canadians' faith in the Income Tax Act, or is the government to allow more billionaires to take advantage of this loophole before it closes it?