Mr. Speaker, an increasing number of Canadian businesses are taking advantage of tax provisions and the tax treaty between Canada and Barbados to avoid paying their taxes in Canada. Canadian businesses alone have assets there worth $25 billion, which is a 500% increase in 10 years.
Can this government, which denounced these treaties when it was in opposition, now tell us what it intends to do to axe these laws and regulations that cause Canada to lose hundreds of millions of dollars in taxes a year?