Thank you, Mr. Chairman. Greetings to all of you. We saw each other not so long ago.
At our last meeting, I asked a number of questions with respect to tax evasion. We also had discussions in committee with respect to the use of tax havens, like Barbados, which allow people to patriate, tax-free, profits realized in Barbados on which very low tax rates were levied in Barbados. We're talking about 2%. These individuals bring that money back to Canada, tax-free. We also talked about taxes that can be saved by deducting interest paid abroad. We discussed double dipping and other similar matters as well.
I asked you how one could go about estimating what that would represent if all those monies were taxed. In committee, you were unable to provide a precise answer and you sent along additional information subsequently, saying that you did not have the numbers from tax returns. In other words, you did not have enough detail to be in a position to answer that question.
Could you tell me what steps you have taken since then to be able to accurately assess foregone tax revenues associated with these tax exemptions, so that parliamentarians are able to determine how much money would be involved if, for example, it was decided to no longer allow people to patriate tax-free profits to Canada from Barbados? What steps have you taken to obtain these figures?