The issue of profit shifting is something that is global in scope. All countries have this problem where, through the use of complex rule sets, a lot of judgment and a lot of discretion on the part of the taxpayer, which is given by Parliament, companies arrange their affairs to reduce their taxes. That is globally the case.
Canada is part of a global effort to create a minimum corporate tax to prevent, deter or get rid of the incentive for moving things to lower tax jurisdictions. This has been going on for decades. That is a problem which all countries face. We all want to attract capital, so we want to reduce our taxes on capital from outside, and we also want to raise taxes, which means we don't want to over compete when it comes to reducing taxes on capital.
What you find is that multinationals, but really anybody who has the capacity to hire lobbyists, will tell you the exact same thing. I'm sure you've heard it many times that, in order to get jobs and growth, you have to reduce taxes on them. Then the government, Parliament, over the years in Canada, as every other government in the world has done, has made legislative choices that reduce taxation in order to spur economic growth.
That's the issue of profit shifting, and it's not in any way limited. I'm not even sure which two jurisdictions you named or why you named them, because those aren't the problem. The problem is not jurisdiction—