Mr. Speaker, I will not engage in speculation about what may or may not have happened.
What I would like to do is quote from the report that was received by me and the Minister of Finance: "The committee heard no evidence that these transactions have already cost the Canadian fisc any actual tax revenue". The committee notes that the auditor general and his officials were able to identify any significant new tax avoidance opportunity created for other taxpayers by these rulings".
The auditor general could only speculate about tax laws. It is beyond me why the members opposite are so definite about this. If they have information that they presented to the committee, can they present it to this House?
My understanding is that when asked outside these walls by the press, they were unable to substantiate the claims they are making in this Chamber.