Mr. Speaker, reading off the latest economic data is not cherry-picking. When there is good news, it is considered bad news by the opposition.
FATCA has raised a number of concerns in Canada. The agreement addresses these concerns by relying on the existing framework under the Canada-U.S. tax treaty. The CRA will not assist the IRS in collecting U.S. taxes, and no new taxes will be imposed. In our negotiations, we obtained a number of concessions, including exempting certain accounts, like RRSPs, RDSPs, and TFSAs from—