Mr. Speaker, in response to a question on Thursday about the Barbados tax loophole, the Minister of Finance said:
Perhaps the hon. member could be more precise about what loopholes he believes exist.
He also said that these provisions
--are not changed unilaterally. They do require negotiation.
The loophole in question is section 11.2(c). The minister knows that he is able to put an end to the provision unilaterally with six months notice.
Could the finance minister now tell the House why the loophole still exists? Who made the decision to keep that loophole open?