This is where we are supporting an action plan to tackle tax havens that includes greater transparency about what exactly those investments are. One of the big problems is that the investments don't stay in those countries, they go on to other places; but they go through those countries in order to lower their taxes. That is happening globally, and that's why the OECD and the G-20 are going forward with this OECD BEPS action plan that needs to be implemented. Hopefully by the end of 2015 we'll have a completed plan. Canada should support it and implement those recommendations.
On October 27th, 2014. See this statement in context.