Once again, Mr. Speaker, everyone in this country knows that in the last few months what we have seen is the beginning of the conversion of major corporations to income trusts, which would have resulted in them paying no taxes whatsoever and which would have shifted the tax burden to ordinary Canadians. That is not fair. That is not what this government promised.
This government is determined to have a fair system of taxation. I think the Liberal Party can explain in the next election why it believes corporations should not pay any tax in this country.