Mr. Speaker, immediately upon taking office the government dealt with the question of family trusts. It took away all of the abusive tax advantages that accrued to family trusts. We did that immediately upon taking office.
That is not the issue in this case. What happened in 1991 brought up the issue of how we should treat property owned by somebody who is a resident of Canada who is leaving Canada, of how we should treat the property of an immigrant. It was not a family trust question. It was really a question that dealt with very wealthy Canadians but every bit as much could have dealt with a widow of an immigrant who was returning to her homeland and how she should deal with that property. That is the basic issue at stake here.
The auditor general made a series of recommendations and the majority report made a very important series of recommendations which the government intends to study very carefully.