Thank you, but I don't think anyone finds this answer reassuring.
The last time we met at this committee, we talked about tax treaties. The government was supposed to review the tax treaties it had signed with many countries. We talked about Barbados, where Canada made direct investments of $68 billion. It's the third largest country in terms of our investments abroad. I was trying to find out what this $68 billion investment was for, and you promised me that you would provide an answer later. It took four months before your department could give us an answer, through our committee clerk. We learned that 95% of that $68 billion was directed to the financial sector, meaning banks and management. It was a one-paragraph response. It left me with more questions than answers.
Since you started reviewing tax treaties, have you found any that you could do away with? Primarily, have you looked at the one with Barbados?