Okay.
Canadians who are looking at possibilities for tax havens offshore and maybe want to make a decision to do the wrong thing are looking to what countries are out there. We've had representation from the OECD and others that there are certain countries where conditions exist that are a problem—the secrecy provisions and basically the mask that's put on the system.
Countries like Canada and the United States have significant bilateral agreements or multilateral agreements on trade and other matters. Why don't these jurisdictions incorporate into that, along with, say, double taxation agreements, etc., some tax information sharing agreements? Why isn't that part of the culture in which our banking system and governments operate? What is the problem?
