Yes. The key point is that Panama, for decades, has been resisting any pressure by Canada, or from the U.S., where I'm from, to sign any kind of tax information exchange agreement. They've been dodging this move forward for a very long time.
From the U.S. perspective, and certainly with members of Congress, they've looked at this as an opportunity for leverage with Panama that might not otherwise exist. From my understanding, that's similar to Canada's posture as well, trying to use this moment of leverage before the trade agreement is signed to enact changes within the Panamanian regulatory system.
That would be my answer.