Mr. Speaker, there is no doubt that capital gains considerations may be a concern for wealthier families. But they can also be of concern to families with lower incomes.
I mentioned yesterday the case of the widow of an immigrant, who decides to go back home. If she happens to be a shareholder in a small private company, she too will be affected because, in every case, the question is: How do we deal with capital gains when an individual, any individual, leaves the country? It could be a retiree who moves to Florida, as many do. That is the question, a very serious question that must be considered thoroughly.
The hon. member raised the issue of loopholes. I have a list three pages long of loopholes that we have closed since taking office. The point of the matter is: how to ensure that the tax system is fair. That is our objective. I wish the opposition would at least contribute to the debate.