Madam Speaker, the issue with respect to tax havens has been addressed, according to another colleague, through the OECD. It has created a grey list and is looking very seriously at, particularly within the context of globalization, capital mobility and so on, building tax accountability into the global banking system. The OECD is moving on that.
Would it not be better to address the kinds of issues the member has raised by having this bill go to committee to look at that? It could look at taking Canadian leadership on an issue that has been described as the next generation of globalization and the issue of banking institutions which must be addressed. Would it not be better to take that approach than to say there is no opportunity here to achieve labour solidarity so let us not go there at all; let us just say that we cannot do that and not negotiate? Why not continue the negotiations and address those kinds of issues and bring back a better bill?