Mr. Speaker, I understand there is current legislation that applies to official woodlot operations. Those are commercial woodlot operations that will probably have some kind of a sustainable cycle within the production of wood.
I think what the member is referring to and certainly what I am referring to is where there is timber available and a desirability on the part of the lumber producers to buy that timber, how is taxing the revenue from that timber handled?
The decision that was a standing decision by Revenue Canada was that log would be valued on the basis of capital gain as opposed to income because we could not write off expenses against that log.
That was the way these people paid their taxes and I submit that because there was so much revenue left on the table according to Revenue Canada when it looked at all these returns, Revenue Canada simply retroactively said it is not going to do it that way, has gone back to them and is trying to extract money after the fact by retroactively changing the law.