Mr. Speaker, I remind the minister and all members that tax havens cost Canadian taxpayers billions in revenues every year.
If we look at just Barbados alone, it is hiding an estimated $23 billion annually from Canadian tax collectors. This is all at a time when we have a homelessness crisis, child and senior poverty is on the rise, aboriginal Canadians live in third world conditions, and millions of average Canadians cannot get the health care they need.
Will the government commit today to building on the income trust announcement by closing other loopholes and cracking down on tax fraud and unlawful tax avoidance?