Thank you very much, Mr. Chair.
The motion we discussed in committee at the beginning of this meeting is replicated, I think, to a certain extent in the termination of application at the end of the consideration today.
Now, we've also got the amendment from Mr. Laforest, which we'll be looking at shortly. The reality is that if it is true, and some members around this table have promoted this view, that the Panamanian government is willing to cooperate and sign a tax exchange information agreement with Canada, we will certainly know that in the coming months.
I'm skeptical, but if there are those around the table who suggest that we should sign the agreement or implement it, and then move from there to putting pressure on the Panamanian government, we still need a trigger. By having the termination of application, what we are doing is saying in a year's time we can look back at this, and if the Panamanian government has been cooperative and has cracked down on the money laundering and the drug trafficking moneys that flow through Panama, then I think there'd probably be fairly widespread support for renewing it. But if it hasn't been the case, then this government, this Parliament, can actually look at the agreement again, at the implementation, and choose whether or not it wants to proceed.
This gives us a safety valve, Mr. Chair.