Mr. Speaker, the 1994 budget boasted about taking measures to prevent Canadian based companies from using foreign owned affiliates to avoid paying Canadian taxes. These measures did not affect Barbados. The Auditor General estimates that Canadian direct investment in Barbados has swollen from $628 million in 1998 to $22.3 billion in 2001. She estimates this loophole has cost Canadian taxpayers hundreds of millions of dollars.
Who decided to keep Barbados open when it closed down Liberia?