Madam Speaker, I thank my colleague for his speech.
I am tempted to ask him why we are debating Bill S-4, when the government is regulating things well enough through the regulations. For instance, in the case of Barbados, the regulations make it easy to avoid taxes. There are currently 22 tax havens with which we do not have a treaty, but the government treats them as though we do.
If the government is running everything through regulations, why brother with Bill S-4?