Mr. Speaker, Canadians who have access to high priced lawyers and accountants are able to exceed the 20% foreign property limit in their RRSPs and pensions. For example, according to an access to information request, a company I have never heard of called Canada Steamship Lines has 40% of its assets currently invested in foreign companies through their $300 million pension fund.
Can the Prime Minister explain why some people are able to circumvent these foreign ownership rules while the rest of the country has to abide by that 20% limit?