Thank you for your presentations and your answers.
Professor Hejazi, nobody argues with the fact that we have to eliminate the abuses caused by low-tax jurisdictions that become tax shelters. Nobody argues with that, and Judy pointed to a case where the Canada Revenue Agency was able to take corrective action, and if the party is guilty, hopefully the CRA will retrieve the funds.
But there's a reason these low-tax jurisdictions exist. You talked about the conduit helping our businesses carry on activities in other areas where they might be unfamiliar or have different court systems. Could you explain exactly what that conduit is in one minute? What is the advantage of that conduit with a place like Barbados or other jurisdictions?