One has to be careful. The issue is that of a Canadian firm wanting to do an expansion abroad, that expansion is being financed by debt, and whether that debt ought to be deductible against the normal business operations here in Canada.
In principle, what one would say is that if it's part of their normal business operations, if it's not feeding through a tax haven to get some special deal, it shouldn't be very different from doing an expansion here, because indeed what you're trying to do is build a global enterprise that's of great benefit to all Canadians.
The problem is, to write a law that allows companies to do that and doesn't allow all sorts of fancy games to hide revenue offshore--to feed it through tax havens and so on--is an enormously difficult job. That's what you would like to do. That's what the minister, I took it, intends to do. All I would say from my own experience, is that it is a very difficult job to get right, but it's certainly something that the minister, the department, and this committee ought to try to do.