In this whole discussion about tax havens, we must remember one main thing. As Mr. Owens said, we must deal with globalization, which is here for good. We cannot take a step back. Ever since we have been faced with globalization, when we want to do something about tax havens or tax rates, we keep making the strong argument that our major corporations must be competitive internationally.
That is why I said that, even if I were the Prime Minister of Canada, I wouldn't be able to face the tax haven problem and solve it by myself because it has to be an international initiative. I would probably work very hard on an international initiative. It has to be an international approach since our Canadian multinational corporations must be able to take advantage of a tax system that will still be competitive internationally.
That should always be a priority for us. Unfortunately or fortunately, all states have been losing some of their autonomy in terms of taxation and tax policies since the beginning of globalization. This is the reality we have to deal with.
But I would like to go back to the earlier remarks. If Canada really wants to take action, you have suggested a great idea, Mr. Carrier. It is true that we could ask that banks limit the access to bank accounts in their branches in tax haven. The idea to tell the Canadian government to stop signing tax treaties with tax havens would probably come first in the list of ideas that I am personally in favour of.