Mr. Speaker, I thank my hon. NDP colleague for his question. Clearly Colombia is a country that poses a problem. In fact, we firmly oppose the free trade bill that was introduced in the House. The bill we are currently debating has to do with tax arrangements, which have a less significant social impact on the countries in question.
The purpose of the bill is to avoid double taxation, which is commendable. However, the potential loss of government revenues must be confirmed. Bill S-3 merely aims to correct tax revenues, which is why we agree with it in principle, since it will clarify the corporate tax situation.