Mr. Speaker, one thing comes to mind as I listen to the Liberals talking about the Speech from the Throne. I agree there are glaring oversights in the Speech from the Throne in addressing certain things, but we cannot get past the fact that the Liberals had 13 years to address some of these oversights.
The one thing I want to question the member about is the issue of offshore tax havens. This is top of mind for me and for people in my riding. I have been reading about it lately. The figures are that we are losing between $7 billion and $12 billion a year, depending on the source, to offshore tax havens. The technical term is tax motivated expatriation. That is a nice way of saying sleazy, tax cheating loopholes, where a dummy company is set up in Barbados and profits are flowed through there to avoid paying Canadian taxes.
Why did the member's government, when it had the opportunity, not plug those loopholes? Does he believe that the Conservative government, in the interest of fairness, should do so now?