Mr. Speaker, yesterday the Minister of Finance stated that his shipping companies, being Canadian, could not take advantage of the tax savings offered under Bill C-28.
On the other hand, the Vice-President of Canada Steamship Lines stated that his companies could not take advantage of the tax changes because they are foreign-operated, and the ethics adviser stated that he had been assured that Canada Steamship Lines does not intend to take advantage of the terms of the act, thus implying that it was entitled to do so.
My question is for the Minister of Finance. If it is as clear as can be, as the minister said it was yesterday, how can he explain these three different and contradictory interpretations?