Mr. Speaker, Canada is a trading nation. Canada depends on trade for growth. Members will recall that in the fall economic statement, we created an agency to attract investment in Canada, the invest in Canada hub, because we realize that we need to make efforts to market Canada to attract investment.
When we have these conventions and arrangements in place, we are providing certainty and stability. That is what people who want to invest in our country want to know. They want to know what the taxation will be between the two nations or two jurisdictions when we do these things.
Our trade with Israel is increasing. Our trade with Taiwan is increasing. Our trade with Hong Kong is increasing and is important as well.
We are doing the right thing, because this is about making Canada one of the most attractive places in the world to invest. We have 92 of these arrangements and conventions in place. It is the smart thing to do, and that is why we are putting this forward. I would urge all members to support us so that we can put the notices in so that the convention and arrangements can take effect January 1, 2017.