Mr. Speaker, first, I welcome the comments from the hon. member for Malpeque that the Liberals will support the bill going to committee. It is beneficial to the Canadian economy that we get this agreement through the House and to committee as quickly as possible.
To answer his second point, as I answered the hon. member from the NDP, the OECD has taken Panama off the grey list and put it on the white list. This signifies that Panama's money laundering difficulty, one it had for many years, is being worked on. There are terrific improvements being made by the Panamanian government when it comes to money laundering.
The other thing that should be noted from the hon. member's statement is that the U.S. has signed a free trade agreement with Panama. The European Union is in the process of doing so. Obviously they have satisfied any concerns they had as to money laundering. I see no reason why we should not be satisfied with the advancement that Panama has made in that area.