Mr. Speaker, I like the hon. member and I certainly think he put what is a fairly poor argument from the government's standpoint across as well as he could. He is dealing with the PMO's talking points.
The reality is the government has been a massive failure on trade. Canada now has the largest merchandise deficit, the largest current account deficit on balance of payments in our country's history. Why is it happening? We are fundamentally exporting raw materials and jobs out of the country, importing the finished goods that come with the higher-end jobs, which is why Canadians are strapped like never before, have seen a reduction in real wages, have seen lower salaries, and are at the highest level of indebtedness in history. That is the Conservatives' record. They have done the worst in practically everything.
The Conservatives are moving forward with this Panama trade deal. I just want to raise that Panama is one of the world's worst tax havens. We heard that in the trade committee. It has an estimated 400,000 corporations, according to the U.S. state department, and major Colombian and Mexican drug cartels, as well as Colombian illegal armed groups using Panama for drug trafficking and money laundering purposes.
Nothing in this bill prevents that continued money laundering. In fact, there is nothing in the bill that provides for full disclosure.
Why would the member support something when the due diligence was not done, and when the concerns about the laundering of dirty drug money are everywhere on this planet? Only the Conservative Party seems to support the laundering of dirty drug money.