Finance committee  The Canadian Labour Congress sent a letter to the Prime Minister recently making the argument that there should be thorough and rigorous reviews of these foreign takeovers, which certainly hasn't happened under this government or the previous one, as he suggested.

Finance committee  Yes, of course. I recognize that this committee has relatively little ability to change amounts of money in the budget, and I recognize that the Bloc is committed to supporting this particular budget. And I suppose that's why I've tried to focus my presentation on issues that ca

Finance committee  No, I do not think that you got my meaning. I can answer your question more accurately in English. Certainly I recognize that social programs, health care, and education are areas of provincial jurisdiction. However, the fiscal imbalance came about because labour and capital ar

Finance committee  Yes, I applaud Quebec's excellent day care system, and I'd like to see the federal government implement standards that would cause other provincial governments to pursue that excellent model.

Finance committee  Thank you very much. The aspect of Bill C-52 that I'd like to speak to today is the tax-back guarantee proposed in budget 2007. The view I'd like to present is that, at best, this measure is a gimmick, and at worst, it places an inappropriate constraint on future federal budgets

Finance committee  I think it's a critically important piece of context that Canadian corporate taxes have been cut to the bone in recent years. They're much lower than American and Japanese corporate tax rates, for example. As a result, corporate profits have increased to their highest level, re

Finance committee  You are right, it is exactly that. The United States, England and Japan use a similar system, and it works well.

Finance committee  I do not know why. I have noted that major companies bear great influence on governments. What we have to do is clear, you are right in saying that nothing is being done.

Finance committee  I will answer in English. Dr. Hejazi, I think, made the argument that investment in foreign affiliates abroad helps the Canadian economy in a variety of ways. That can be true, and I think we should wish Canadian corporations well in foreign markets. But there's no question tha

Finance committee  Thanks very much for having me before this committee. Broadly speaking, I think there are two ways in which Canada can address the issue of tax havens. The first is to continue to reduce Canadian corporate taxes to in effect make Canada itself a tax haven. That seems to have bee