Mr. Speaker, I still find it disappointing to hear a Liberal colleague speak in favour of this bill. He says that the proposed agreement is good for Canada. That is too abstract for me, and I would like him to be more specific.
We need to remember that the OECD considers Panama to be a tax haven. Perhaps it would be good to review the criteria for declaring a country a tax haven: lack of transparency; laws or administrative practices that prevent the effective exchange of information; and indications that the country is attempting to attract investments that are purely tax-driven and not for economic activity.
I am wondering what good there is for Canada in all of that. Perhaps it is good for businesses that will avoid paying taxes, which our constituents will end up paying for them. I would like to hear the member explain his position.