Thank you.
There are things we have done, like the enhanced general anti-avoidance rule and other, new rules.
There was a report just last month from the OECD about the progress of the BEPS project in the last 10 years. It quotes a lot of good economic data, mostly by European economists. It shows there has been progress. If you look at the ratio of profits to employees in a jurisdiction, it's better. It's not perfect, but it's better than it used to be, which means you have less profit in places where it's just a letterbox with no employees. That's a positive change.
What else could Canada do to improve its system? If we want to stop or limit the use of low-tax jurisdictions, the global minimum tax will help, but....
I could send draft amendments for the Income Tax Act on paragraph 20(1)(c) on interest deductibility or paragraph 95(2)(a) on income characterization of foreign affiliates, but it won't be adopted.