Mr. Speaker, this helps explain why the Conservative government is so notoriously lax when dealing with tax havens. The Parliamentary Secretary to the President of the Treasury Board simply cannot continue in his role while this is under investigation. He has to step aside.
A federal affidavit reads that Credit Suisse, for whom he made these transfers, is believed to have “facilitated the movement of funds offshore” for clients wanting to “hide their investments and other income from the CRA”, the Canada Revenue Agency.
The parliamentary secretary authorized these transfers, and as an experienced banker, he knew exactly what he was doing and why.
How often did he set up these money transfers to Switzerland and to other tax havens?