Mr. Speaker, we are all aware of the tax free transfer of the mysterious $2.2 billion trust which was transferred to the United States on behalf of a wealthy, well-known family. This family received a tax free coupon from the government saving them $800 million in taxes.
The government is not only refusing to open the books on this questionable transfer but it is using taxpayer money to delay the courts from looking into this matter.
Two levels of court have ruled that a trial should be held into the merits of this questionable transfer. The auditor general believes that this transaction may have circumvented the law on capital gains and has been unable to obtain minutes of secret meetings which were held to permit this dramatic loss of tax revenues.
Who is the government trying to protect? What is the government trying to hide? Where has the money gone? Why does this government insist on helping their rich friends?
MPs are sent to Ottawa to seek the truth and speak the truth. When will taxpayers get the truth?