Mr. Speaker, first, if we look at the omnibus bills, budget bills, or budget implementation bills of previous Liberal governments, they were minute, they were tiny compared to these ones, both in terms of volume, but also in terms of the number of pieces of related legislation. There is even no comparison.
My colleague from Prince Edward Island is reminding me of balanced budgets and paid-down debt and cut taxes. Those were the good old days.
In terms of FATCA, I can say absolutely that when the minister appeared before the committee he did not even know how many Canadians would be affected by this. In fact, the government has said at various points that no Canadians would be affected, because they are exempt. They negotiated an exemption.
The exemption is for the banks. It does not protect individual citizens. The most offensive part of this is the registered savings plans, like RRSPs, RESPs, and TFSAs into which Canadians contribute for their families and into which the Canadian government contributes matching grants. That money from the Canadian government would be funnelled toward the U.S. treasury as a result of this government's failure to negotiate a better deal in Washington.