Mr. Speaker, my hon. colleague from the Bloc Quebecois has raised a very important point about the extension of this bill in the consideration of tax havens around the world. The Bloc actually had a motion on this aspect, and I believe it concerned either the Barbados or the Bahamas, which we fully supported. The government did not, but we fully supported that motion.
We know that companies have the ability to hide their money, to move it in all kinds of directions. That is something that as an international community we definitely have to work on.
The House passed a motion a few years ago regarding the Tobin tax, a small, very minute tax on financial speculation in order to use that money for the common good of the world.
There is one thing I will say to the Bloc member. One very successful pension plan is the one in Quebec. My father-in-law is now retired and that pension plan like anything else is probably not doing as well as it could be, but it has done extremely well for the people of Quebec. The people of Quebec should be quite proud of that pension plan because it was a very good thing. Not only my father-in-law but many people I have spoken to in Quebec rely upon that very seriously for their income.
It is a very successful plan. If we had more plans like that throughout our country and around the world for families and employers and businesses, it would go a long way in alleviating financial concerns for people in their retirement.