Thank you, Mr. Chair, for your intervention. Those five minutes seemed particularly long to me. I imagine that, in your great magnanimity, you are going to give me enough time to cover the three subjects that I would like to deal with today with the Agency.
I wanted to come back to what my colleague, Paul Crête, was talking about, namely regulation 5907, which allows the recovery of profits, more particularly from Barbados. Under the Tax Treaty between Canada and Barbados, a priori, tax should be paid when profits are recovered, but regulation 5907 overrides this regulation.
I would like you to explain to me quickly—because we do not have much time—what the mechanism is and how it makes the normal treaty inoperative.