Mr. Speaker, in the report he tabled this week, the auditor general said that Revenue Canada has perhaps totally eliminated Canadian income tax on capital gains on goods of enormous value for the future. Before the Standing Committee on Public Accounts, he confirmed that all capital gains realized on shares of public companies could leave the country tax free.
My question is for the Minister of Finance, since he is responsible for the government's tax policies. Does the Minister of Finance agree with the comments of the auditor general to the effect that, in addition to the capital gains in family trusts, all capital gains on publicly held shares may now be exported without Revenue Canada collecting a single cent of tax on them?