Mr. Speaker, once again we see debate in this House brought down to levels to which it should never go. The member quite frankly brought up so many points that were false, I do not know where to begin, but let me begin by making a few points of fact on the motion that the member brought to the House.
First of all, the member is probably aware that every single provincial finance treasurer came forward and said there was tax leakage, that it was substantial, that we could not afford to have it and we could not afford to let it keep on going. The governor of the Bank of Canada came forward and said there was tax leakage, and what is more, that corporations switching to income trusts was a bad structure.
I see the member for Mississauga South is counselling the member. That is good. The member for Mississauga South also knows nothing about this topic, but I will tell members something else.
Finn Poschmann from the C.D. Howe Institute said something had to be done, and better now than later. Kevin Dancey from the Canadian Institute of Chartered Accountants said that there was leakage and there was also severe reporting problems with income trusts.
That member stands in this House and says he stands for families. He should stand for them now. He should stand for tax fairness while he has a chance. The member for Markham—Unionville has no idea. His friends on Bay Street are the ones who influence him. The thugs with CAITI are the ones who influence him.
Regular Canadians, people who pay taxes and rely on the people in this House to do their jobs and stand up for them, are the ones who need tax fairness. The member should stand up for them. I would like to know why he does not.