Mr. Speaker, perhaps my friend across the aisle did not want me to quote the U.S. embassy's cables on Panama. Of course, there are very good business people in Panama. There are good people conducting trade activities and doing business. We want to support them. Yet we cannot turn a blind eye to the people who are not friends of Panama but are just using it to hide their money obtained by illegal means.
If the Conservative government is serious about cracking down on crime and being hard on criminals, then at a bare minimum it should demand a tax information exchange agreement. Why would the Conservatives not want to do that? At least all income could be tracked going into Panama, including that obtained by illegal means. Why would the government not want to do that? What does it have to hide?