Mr. Speaker, allow me to point out that this government is making real progress in attempting to eliminate these very tax havens. It is not illegal to have a bank account in a foreign country. What is not right is the failure to declare amounts earned on this money for taxation in Canada. We are continuing to work on this. I would just point out that, recently, in the case of UBS among others, the matter has become so public that people know they will be found out and have begun making voluntary disclosures.
In the House of Commons on September 16th, 2009. See this statement in context.