Thank you very much.
That is a very important question.
The first time I attended the G20 with the Prime Minister, base erosion and profit shifting were on the agenda, because it is important to have an approach that works everywhere in the world so that businesses with international operations pay their fair share of tax. This is very important.
As you know, G20 countries and the OECD are working to find an approach that works. It is not very easy, but there has to be a common reporting standard everywhere in the world. Canada is taking the lead to make sure that this happens. We have made a lot of progress and this will continue to be an important issue for us.
We have to ensure that enterprises pay taxes to Canada on their activities and that the system functions well in this regard.