Mr. Speaker, in the Standing Committee on Finance, representatives from the Department of Finance restated their decision not to ask the banks to close their subsidiaries in tax havens, as France has done. What is more, these officials confirmed that by using tax havens the banks saved $1.5 billion in 2009.
Why is the Minister of Finance attacking low income workers, but allowing his banker friends to save $1.5 billion by using tax havens? Let the Minister of Finance answer.