Mr. Speaker, the minister referred to tax planning and forward averaging. We have nothing against that. We have a problem however with such vehicles and provisions of the Income Tax Act, which the minister refuses to change, being used to transfer millions of dollars to the U.S. or elsewhere tax-free. Something is wrong. Everyone has to pay taxes to Revenue Canada, but when it comes time to deal with the rich friends of the Liberal Party, nothing is done. Something is wrong.
My question to the minister is as follows: Is this report not being concurred in to protect the interests of those in high political circles, with the approval of the Minister of Finance?