Madam Speaker, I was in the House when the Conservatives were in power. I saw the massive deficits and the most egregious misallocation of spending possible.
When we talk about this foundation of offshore tax havens, it was established by the Harper government. The Harper government did not see a tax haven it did not love. It wanted to sign as many tax treaties as it could. Unfortunately the Liberals are continuing that practice. That is my point. When Canadians are losing anywhere from $10 billion to $40 billion every year because of the Harper tax havens, supported by the Liberal government now, that is where it falls short for Canadians.
When we talk about a balanced fiscal framework, we have to take into consideration revenues, and we have not had that. We have not had a balanced approach on a fiscal framework now for decades. That is why we need to have a new look.
In my opinion, it is a pox on both Houses. The Conservatives and the Liberals really do not make a difference in the lives of regular Canadian families. That is why we have a record debt load and that is why we have such crushing inequality.