Mr. Speaker, I thank the member opposite for that question or I should say the recent member opposite for that question.
As the hon. member knows, as far as income trusts are concerned, a government in this beautiful country must make decisions that are good for all Canadians. The decision that was made with respect to income trusts had to be made. Existing income trusts can stay in place for four years. People have time to work with their portfolios. A lot of the markets have now gone up. The income trust situation is well in hand. If that initiative had not been addressed, Canadians would be paying higher federal taxes and that is not acceptable. This government gets the job done for all Canadians.