Mr. Speaker, the environment of higher taxes on stock options will not allow them to succeed.
There is also a financial problem here. The government says it wants to treat gains from stock options as regular T4 income, but that, of course, would allow corporations to write it off and in fact render the entire change revenue negative.
I wonder if the government could stand today and tell the House whether finance officials have briefed the Minister of Finance on the financial implications of this tax increase.