Thank you, Mr. Chair.
Thank you to the witnesses for coming forward. These are interesting topics. I have a couple of questions, but I'm not sure if I'm going to get past the first one.
It's not necessarily confusion, but I'm still trying to get my head around the legitimacy or the real reason to transact with offshore banks, especially if you are Canadian. What I'm seeing here is that there is a criminal element and then there is a legitimate element, one in which there is a business case for it.
I'm not sure I understand the business case. Where do we draw the line? When is it okay to transact with an offshore bank or a tax haven country? The question is to the three panellists.
I believe you brought it up, Ms. Alepin, or you sort of answered it by saying that it is a global problem and that companies abroad must have room to negotiate or come to an agreement. If we head towards a global agreement, will there still be room for tax havens?