Mr. Speaker, fact, the Liberal proposal will take away retirement income splitting for small business owners unless they take that money out and put it in an individualized pension plan. Fact, this proposal will bring in a double tax on passive income earned within a company unless it is taken out and put into an individual pension plan. Fact, Morneau Shepell is one of the few companies in the entire country that sells individual pension plans.
Did the finance minister disclose these facts to the Ethics Commissioner before he came forward with these proposals?