Mr. Speaker, a study released this morning by a professor from the Université du Quebec à Montreal confirms that Canada's big banks saved $10 billion in taxes over a 13-year period through 73 branches in tax havens. The Bloc Québécois has been denouncing this situation for 10 years.
How can the government accept that the provisions of the federal Income Tax Act, together with the tax convention with Barbados, allow the big banks to save billions of dollars, while ordinary citizens pay all their taxes here in Canada?