Thank you very much, Mr. Chair.
I'd like to come back to you, Mr. Castonguay. You talked about the double taxation agreement and the tax information exchange agreement, a subject that Mr. Laforest touched on.
If I understand correctly, a double taxation agreement relates to declared income. In the agreement, however, it is specifically noted that in the case of financial institutions and the treatment of certain information, one of the two parties is under no obligation to supply the information listed. That includes confidential information the disclosure of which would hinder the legitimate commercial interests of a given company.
What does it mean if we put the two together? If I understand correctly, there is no way to obtain confidential information, the very essence of a tax haven, even with a double taxation agreement.