Mr. Speaker, I would like to remind the House and the hon. member that when the Prime Minister was the minister of finance he in fact led the G-7 and the G-20 nations in trying to make an arrangement with respect to these tax treaties. That consensus was not forthcoming. It continues to be a problem. It is a problem for every industrialized nation.
Any business that intends to stay in business will have to compete on a level playing field and this situation regretfully exists for all Canadian businesses.