Mr. Speaker, in 1969 the United States changed its internal revenue code to disallow the deduction of any fine or penalty paid to the government for the violation of any law. Yet in Canada, the Liberals continue to allow this outrageous tax loophole for businesses fined for pollution, unsafe working conditions, even sponsorship scandals.
Now I ask the Minister of Finance, just like I have asked three previous ministers of finance, is he going to allow another tax season to go by letting his corporate buddies get a tax deduction for breaking the law?