When they came for estimates at committee some time ago, they pointed out that problem. I guess the international tax experts are a very valuable commodity. As soon as CRA trains them, they can earn a better income somewhere else. So it continues to be a problem.
We talk a lot about the Bahamas, because it seems to be the hot spot right now. But for international competitiveness, a lot of Canadian capital flows through the Bahamas as a conduit for investments in other markets. That becomes a competitive issue and can have some positive aspects. Our companies have to grow.
So we have to be careful, even when we talk about double-dipping or towering, that we take care of the abuses but don't eliminate the competitive advantage that our Canadian corporations...because they have to compete against other people using the same vehicles.
But you raise another element that has been suggested by a few people at this committee, which is a clear abuse and poses a risk to our competitive ability and our economy generally, and that is debt dumping in Canada. Do you have an estimate of how much this is happening? Have you gone that far in your analysis?