Mr. Speaker, we have been through this discussion with respect to the treatment of business income earned through active business entities based in other jurisdictions in the past. In a number of cases we have tax treaties with countries like Ireland and Barbados. In those cases, in order to make changes, obviously a renegotiation of those treaties would be required. No, we do not unilaterally abrogate them and they do serve some important other purposes.
In the House of Commons on September 30th, 2003. See this statement in context.