Mr. Speaker, the taxation of income trusts does not begin for several years. That is to give it time to adjust. At that time, it will be a level playing field. Regardless of the way Canadians choose to organize a corporate structure, the rate of tax will be the same.
That is what a level playing field is and, in fact, the level will be way down. Because of the announcement yesterday in the economic statement, we are reducing taxes for all Canadian businesses dramatically. It is a new era in Canadian taxation.