Mr. Speaker, it is very interesting the hon. member suggested that in the end they would support the bill. There are a lot of things in Bill C-10 that I would support. However there are a couple of questions I would like to ask him to clarify whether the hon. member would like to see the bill amended to meet some of the other requirements that ought to be in it.
For example, we are talking about crown corporations. Schedule IV lists all crown corporations that make money and are there for profit. One in particular is the Business Development Bank of Canada. That bank is included as a crown corporation that must pay business tax because it is in the business of making money for the Government of Canada.
Three corporations are also making money for Canada. They are the Canada Mortgage and Housing Corporation, the Canada Post Corporation and the Canadian Mint. These three corporations are excluded from schedule IV. In my opinion they ought to be included because they should pay business tax to the municipalities as do all other businesses in the area. Indeed there are other crown corporations that pay it.
The requirement in the bill is that the minister may pay business tax to municipalities for those corporations listed under schedule IV. Would the member agree that these three corporations—the Canadian Mint, Canada Post and Canada Mortgage and Housing Corporation—should also be included under schedule IV?