Mr. Speaker, I want to say to my hon. colleague from the NDP that we offered quite a few solutions to the government when it put this catastrophic policy in place.
I will talk about a few of the principles that we have articulated in the interest of the public. The first is that we minimize the loss of savings for Canadians, we preserve the strength of the income trusts sector, we create tax fairness by eliminating any tax leakage caused by the income trusts sector, and we create tax neutrality by eliminating any incentive to convert from a corporation to an income trust purely for tax purposes. Those are the principles that underline a whole series of solutions that we put forward and the leader of the Liberal Party has articulated very clearly.
I encourage members of the public to please take a look at the series of solutions that we have offered to the government. We want to work with Canadians from coast to coast to offer those solutions that are relevant to their concerns with respect to income trusts, to fix this problem so that Canadians at least in some part will be able to recover a little of their assets. Also, we will avoid, we will not avoid it because the devastation and destruction has been done; however, we will somehow be able to mitigate to some small degree the devastation that the government has wrought upon our private and public sector.