Mr. Speaker, there was no giant loophole. I was not aware of any of these so-called accusations that are being made at this time. I always defended the Minister of Finance at that time. He was an honourable citizen serving us well. He is not a cabinet minister at the moment. He left the cabinet some time ago. Not being in cabinet, there is nothing I can say at the moment because he is not my responsibility as a cabinet minister any more.
In the House of Commons on February 17th, 2003. See this statement in context.