Mr. Speaker, if the Minister of Finance is really committed to effectively combating tax havens, as he claims, there is no two ways about it: section 5907 of the Iicome tax regulations has to be repealed. If he is serious about what he wants to achieve, when is he going to repeal it?
Deductibility of interest is one thing, but the $800 million in taxes that corporations are not paying is another one that the minister has to address.