Senator Housakos: Senator Gold, if what you and your fellow colleagues who spoke on behalf of the government in this chamber said was true, how do you explain the Minister of Finance’s lack of action on this huge loophole that Bill C-208 has created? According to your own speech and according to what Senator Harder said, hundreds of millions of dollars would have been lost by the treasury because of Bill C-208.

The government had two opportunities to correct this with Bill C-2 and Bill C-8. Why has the government done nothing? Is it because what you said was just not true or because the government is asleep at the switch, or is it just a question of neglect?