Madam Speaker, my finance committee colleague from New Westminster—Burnaby talked about tax fairness in this BIA legislation. In one of the national newspapers, there was an article on the progress being made in this specific BIA on tax fairness. It talks about the following:
Preventing banks from creating “artificial losses”....
Enhancing tax reporting requirements for trust funds....
Strengthening rules for limited partnerships....
Cracking down on tax-free corporate distributions to foreigners....
Increasing ownership transparency for numbered companies and shell corporations....
The budget also clarified Ottawa's plan to clamp down on investment income through private corporations.
However, I heard earlier that the member is not satisfied. We have invested a billion dollars in the CRA for a number of initiatives, here and in past budgets.
We recently signed the new USMCA. I am wondering what his position is on that. We understand that some of his colleagues were at a celebration with one of our national unions. Is he supportive of the new USMCA agreement, the trilateral free trade agreement that will support thousands of good-quality jobs across this country, including good union jobs, good middle-class jobs?