Mr. Speaker, this is a budget implementation bill. Budgets are not only about spending; they are about how we get the money to spend. One of the things that really affect that here in Canada is offshore tax havens. We are losing $10 billion to $15 billion every year because of money that has gone offshore to avoid being taxed. One mining company in Canada avoided $690 million in taxes because it had a mailbox in Luxembourg, and I guess a part-time employee to check that mailbox. I am wondering if the parliamentary secretary could tell us what Canada is doing to deal with those offshore tax havens. What we see is that more and more are being created every year.
In the House of Commons on June 5th, 2018. See this statement in context.