Mr. Speaker, I wish to thank my hon. colleague for the question.
In fact, what I noted and what I would like to point out about this bill is the fact that it closes the loopholes in the current taxation system that people and corporations were using to avoid paying income taxes. Those individuals and corporations will now have to pay their share and comply with the Income Tax Act. I think this bill is a good way to settle these technical issues so that the Government of Canada can collect the taxes it is owed.