Good morning, committee members. Good morning to our witnesses today and also to those in Toronto.
Pursuant to Standing Order 108(2), our briefing on tax havens and tax avoidance will continue.
I'll go through the witnesses in the order I have them here. You've each been told you have a maximum of five minutes to present. We know this is an incredibly complex issue and defies a five-minute summary of any kind, but we have to allow time for exchange with committee members, as you're aware.
We thank you for participating in this process.
We begin with Nick Pantaleo of Price Waterhouse Coopers. Welcome. Over to you, sir, for five minutes.