Mr. Speaker, I thank my colleague who sits on the finance committee representing the Bloc party and who does an absolutely fabulous job. I do not always agree with the member but he represents his constituency well by actively participating in all the meetings.
On the actual amendments he asked about, he is right. A number of amendments were presented at committee, and rightly so. Committee members told the finance staff that we wanted a different method. We were sending a message that even though these were technical amendments, that they were important to all Canadians and that it was important as committee members that we understood that. The finance staff did their homework and put this together.
I can stand here and say that, based on the input from the committee members and the staff at the finance department, I think this is the end of the amendments on this. I do not believe there are any more. However, I do want to caution that as time changes and new financial tools are developed, and in this case around the world, that there may be changes in the future that will need to be addressed based on the creativity of the finance markets to find other ways to avoid tax.
This bill is really about trying to fill some gaps and loopholes, and I do not like using that word, but opportunities that people have found through the tax system that allow them to avoid tax. These amendments go directly to that. We on the government benches are not planning any further amendments to the bill at this time but I cannot say that will never happen as the times change and new opportunities present themselves to investors. In my view, with these new opportunities, the tax department would need to find ways to ensure we are not taken advantage of.