This legislation covers all types of payments typical to government, whether they be royalty payments, tax payments, or whatnot. We track those payments; our companies track them; we know what we pay. We often, increasingly, are very transparent on our own to communities about what we pay, but the governments that are receiving them are not always transparent. This offers an opportunity, I think, to allow much more credible disclosure of these through legislation in Canada, so that this information is accurate, without question, and the communities can know exactly what we are paying in taxes and can make sure that those taxes are not only being received by the governments but being used for legitimate purposes like building schools, hospitals, infrastructure, and roads to help drive their economic well-being.
On November 20th, 2014. See this statement in context.