Mr. Speaker, I wonder if the hon. member, who has made a very fine speech with respect to income trusts and interest deductibility, would comment on the article in The Globe and Mail this morning which reads, “Foreign money snags 3 more trusts”. The article reads:
Three more income trusts were thrust onto Canada's endangered list in less than three hours yesterday, raising to 16 the total number of trusts set to disappear with a value of more than $9-billion since Oct. 31.
Can the hon. member, other than the interest deductibility clause issue, think of a more wrong-headed policy with respect to this particular issue?