Mr. Speaker, my colleague from Winnipeg Centre raises the precise point that we have been pursuing throughout this Parliament in different ways, and that is the continued existence of a tax loophole, of a tax haven, left in place by the former Liberal government to apparently provide an offshore place for people like the member for LaSalle—Émard to flow his money from his steamship companies and thereby avoid paying taxes. If that is not the case, then why are we having this study and why are we dealing with it in this place?
This reminds me of another important loophole. We had a case before this House that the Liberals refused to deal with, which was the project loophole case. It dealt with a prominent family in this country that was taking $2 billion out of this country and flowing it offshore and avoiding paying taxes on any of that money. Officials in the Department of Finance at the time, under the Liberal government, condoned that, defended that and supported that. If anything, we need to get to the bottom of that kind of mentality and deal with it once and for all.