Mr. Speaker, the member opposite correctly identifies the fact that a large number of unit holders in income trusts were foreigners and yes they were benefiting, and arguably benefiting unfairly from this tax loophole in Canada. I understand the party opposite voting against pensioners, but now it is advocating in favour of foreigners taking advantage of the Canadian tax system.
In the House of Commons on November 8th, 2006. See this statement in context.