Mr. Speaker, I think the member, in having a strong business background, understands the complexities of tax compliance.
If we do not have such treaties in place, these tax compliance issues are duplicated. Then we are back and forth, and an employee of a company is taxed twice. The employee will come back to his or her member of Parliament and ask the member to try to get the taxes back from one country or the other.
The reporting mechanisms that Canadian companies have to deal with would be extremely simplified in this process. It is an assurance when we have a treaty in place. Things will go wrong. Mistakes will be made, and I am not suggesting just by accountants, but mistakes will be made, and if we have a treaty in place with secure legislation that requires compliance, it makes it much safer for employers and employees.