To minimize the adverse effects of tax havens, it seems that the solution must also come from the diplomatic side. Indeed, if Canada were to act alone, it would face challenges trying to change the laws of Bermuda or other countries. However, something can be achieved if Canada were to act in concert with the member countries of the OECD, the Organisation for Economic Co-operation and Development. I think this is somewhat in line with the reforms carried out by the OECD in recent years, thanks in particular to the very interesting work of Pascal Saint‑Amans, for example.
I think that we should continue and accelerate this international effort to limit the scale of the issue in these territories.