With regard to the Northern residents tax deduction: (a) what is Canada's total annual lost revenue for each of the previous five years, broken down by province and territory, through the use of this deduction; (b) what would be the estimated lost tax revenue to the government if the residency portion of the deduction was increased by 50 per cent; and (c) what is the rationale for not ensuring that this deduction remains current with inflation?
In the House of Commons on November 22nd, 2007. See this statement in context.