Mr. Speaker, the finance minister has got it wrong. I do not believe in seniors getting screwed, that is what I do not believe in.
The government had options which would not have fleeced Canadians of billions of dollars of their hard-earned savings. The Conservatives recently assured Canadians that they would not tax income trusts, ever, and Canadians invested on the strength of that promise.
Was theMinister of Citizenship and Immigration passed over for the finance portfolio because he was opposed to taxing income trusts, or was it because he was just no match for the current Minister of Finance in the art of breaking promises?