Mr. Speaker, although the figures vary, offshore tax havens cost Canadians between $7 billion to $15 billion a year. This is what they call tax motivated expatriation, which is really a polite way of saying sleazy, tax cheating loopholes.
The Liberal government failed to plug those offshore tax haven loopholes. I am not sure why. I know the Liberals tore up 11 tax treaties with various countries, these tax havens, and left one where Canada Steamship Lines happens to have 13 paper dummy companies that it funnels all its Canadian earnings through so it does not have to pay Canadian taxes.
Does my colleague agree that there should be rules put in place whereby the federal government does not do any business with nor will award any contracts to or purchase things from a tax haven sheltered company? A company that deliberately avoids paying its taxes in Canada should not get any business from the Canadian government.