Mr. Speaker, I would like to ask the member across the way if she agrees with the Ontario finance minister. I know that there has been some discussion about income trusts for some time. Obviously the finance minister made an effort to ensure tax fairness.
I will just read what Greg Sorbara, who is currently the Liberal Ontario finance minister, said in a letter he wrote to the committee:
“I'd like the committee to know in principle that the Government of Ontario supports the federal government's efforts to ensure fairer taxation through changes to the tax treatment of income trusts. We believe that these changes will protect the federal and provincial revenues from significant tax leakage. Ontario supports federal transition rules as they appear to be flexible enough to allow trusts to proceed with reasonable growth while ensuring that there is no unfair advantage over the transition period. It's an example of sometimes, when you're in government, you just have to do what you think is right”.
I wonder if the member across would agree with her provincial Liberal counterpart or if in fact she would disagree?