Madam Speaker, the fact of the matter is that we do not have that kind of tax structure. The bill does not have that kind of provision. The member raises the very interesting example of an American philanthropist who has decided to donate a substantial amount of money to our country.
We are missing an enormous source of innovation, energy and money that could be applied to some of the neediest people in our country. Many individuals who have made large sums of money in business would like to do that. They are very successful and intelligent people who could use the skills they applied in business to provide such a public service through their foundations. The government does not need to do anything about that. It just needs to give them the chance to do it.
I am almost finished drafting a private member's bill that deals with the issue. When I introduce it, I look forward to support from all members of the House.