Mr. Speaker, the Liberals are going to sign a tax information exchange agreement with Cook Islands, a well-known tax haven. The Minister of Finance is justifying this by saying that it will make it harder for the wealthy to hide their money, but that is false. The only thing the agreement will achieve is allow the wealthy to avoid paying taxes.
By signing such agreements, Canada is standing in the way of the international community in the fight against tax havens, which have even been condemned by the U.K. finance minister.
When will the Minister of Finance stop helping her rich Bay Street friends hide their money in tax havens?