Mr. Speaker, the government not only broke its promise to not tax income trusts, but it failed to be open, transparent and accountable. Expert witnesses testifying before the finance committee proved that the analysis presented by the finance minister was flawed, false and just plain wrong.
The finance minister did not challenge or refute that testimony nor did he provide one shred of evidence to defend the indefensible. Why has the minister failed to be accountable to Canadians, especially seniors from whom he took $25 billion of their hard-earned retirement savings?