Mr. Speaker, that question troubles and perplexes all of us. When we go into a free trade agreement with the kind of provisions we have proposed with Panama, we open a Pandora's box. There are 400,000 corporations in Panama. They are not there for the weather. They are there because the tax haven status is such that they can be there. Interestingly enough, many of them are also criminal organizations. These are things that will filter through to the Canadian side with this kind of agreement.
Panama refused to sign a tax information exchange agreement. Therefore, the country recognizes what it is doing with its laws for the corporations it shelters. It is not interested in changing, so why would we go ahead with this agreement?