Mr. Speaker, I thank my hon. colleague.
At this time, internationally, within the International Monetary Fund, the G20 and the OECD, Canada has committed to fighting tax havens. It has signed agreements and supported final declarations. For instance, at the summit in St. Petersburg, Russia, Canada signed the final declaration pledging to fight hard against tax havens.
My greatest fear, in light of the cuts that have been made and what we are seeing now, is that those commitments become the new Kyoto. Canada promises to do all kinds of things, which makes it look good on the international stage, but in reality, it amends Canadian legislation to promote tax corridors between Canada and the Caribbean. I am quite afraid that, without concrete measures and without the vigilance of both parliamentarians and the civil society groups that watch these people in action, this system will continue. We need to take meaningful action against tax havens. That is not the case right now.