Mr. Speaker, the member asked this question knowing full well that Canada has the reputation of having the poorest tax system for corporate profits among all industrialized countries. We are also known as the snow-washing capital of the world: those who make illegal money want to launder it here in Canada because of the porous legislative tools the government has always refused to provide the CRA. As the House is well aware, the Canada Revenue Agency came to the finance committee a few months ago. When asked why nobody who was involved in the paradise papers, the Panama papers or the Bahama papers, all regarding notorious tax havens, has been prosecuted, the CRA said that after five years the Liberal government had not provided it with the legislative tools. Not one legislative tool do we see. The CRA has said it does not have the tools to prosecute what is massive tax evasion. The PBO has told us that we lose $25 billion in tax dollars every year.
My question back to the hon. member for Winnipeg North is this. He is well aware of all those facts and is a very educated man. Why has the Liberal government steadfastly, in the last five years, refused to take action to crack down on overseas tax havens and put in place a wealth tax, or even an excess profits tax?
Why is it that, with the Liberal government, billionaires always come before people?