Thank you, Dan, for the comment. I think we can work together.
I'd just like to point out that it is a Senate bill. It's at second reading in the Senate as of November 24. This is actually a very interesting bill. It's not a very big bill, but it looks at the:
...convention between the Government of Canada and the Government of the State of Israel for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income and an arrangement between the Canadian Trade Office in Taipei and the Taipei Economic and Cultural Office in Canada for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. It also amends the Canada–Hong Kong Tax Agreement Act, 2013 to add to it, for greater certainty, an interpretation provision. The convention and arrangement are generally patterned on the Model Tax Convention on Income and on Capital developed by the Organisation for Economic Co-operation and Development.
It has two main objectives:
...the avoidance of double taxation and the prevention of fiscal evasion. Once implemented, they will provide relief from taxation rules in, or related to, the Income Tax Act. Their implementation requires the enactment of this Act.
It's a very small thing. Often you see these things go by. There was, for instance, a trade treaty with Mongolia that was tabled in the House just last September. These are the types of things that, for whatever reason, were introduced in the Senate. I understand that we would love to study the taxation issues of double taxation of Taipei and Hong Kong. I would also love to have had a bit more advance warning. I hope the whip's office hears that, because I do like to get information beforehand. It's something that I think we can deal with swiftly and see through to ensure that we can actually build these economic bridges with Taipei and Hong Kong and with the State of Israel to ensure that a few companies aren't double taxed.
Thank you, Mr. Chair.