Madam Speaker, the hon. member talked a lot about balancing the budget. I am just wondering if he would comment on how much easier it would be to balance the budget if the government did not forgo $10 billion or more per year in taxes by not closing down overseas tax havens. I have often stood in this place and brought up an example of one Canadian company that, for the price of a post office box in Luxembourg I think it was, has evaded $690 million in taxes. That is one company alone. It does not have any employees in Luxembourg. It just made the big investment of getting a post office box.
I am just wondering if he would like to comment on why the government, in this budget or any other budget it has put forward, has not brought forward measures to close those tax havens instead of opening new ones.