Mr. Speaker, I am glad to enlighten him on the problem. I am sure the Minister of Finance was well aware of the issue a long time before it became public through the publication of the auditor general's report last May.
When it became public, the Minister of Finance immediately referred it to the Standing Committee on Finance for study. It was studied for many months while the law remained in place with this great big, wide loophole that a truck could drive through. I am sure many people did drive a truck full of money across the border tax free because that is what happened when it went to the finance committee. The committee sat on it for months.
After the finance committee reported back to the House in September, three months after the general public became aware of it and this House became aware of it, the Minister of Finance introduced a ways and means motion. He could have stopped it the very day the auditor general made his report public and he did not.