Mr. Speaker, the hon. member knows very well that the key word really is "unduly", that the countries with which we signed these treaties impose some taxes and that if we did not have treaties with them, Canadian companies would be liable to double taxation, which would make them uncompetitive.
The hon. member also knows that in the Budget of February 22, we eliminated many of these openings so that we could tax passive investment, in order to reduce taxes on our companies' operating profits.