Mr. Speaker, for four years now, with the futility of Diogenes, I have asked the government to put an end to the outrageous tax loophole where companies can write off their fines and penalties as a business expense.
It adds insult to injury to consider that thieving Liberal communication firms will now be able to avail themselves of this public policy perversity.
The government could put an end to this mockery of justice with one simple sentence added to the Income Tax Act. Why will it not do the right thing before the sponsorship scoundrels thumb their noses at us again and write off their fines as a business expense?