Mr. Speaker, I am happy to answer that question. I alluded to it in my speech. The tax treaties are double taxation treaties, among others. The most telling example, which was even raised by the Bloc Québécois in the past, was the one signed with Barbados in the 1980s, under a certain Minister of Finance, Mr. Martin—I do not know whether that tells you something—who perhaps had interests, even personal interests, at the time this double taxation agreement was signed, because he himself had companies in the country with which the treaty was signed, namely Barbados.
That is the classic case, the most telling example, where we have a double taxation treaty with a country that has a low or non-existent tax rate. That is the major problem. That is why, in the recent debate on double taxation concerning the Canada and Taiwan Territories Tax Arrangement and the Convention between Canada and the State of Israel, which have been renewed, I implored the government to monitor our double taxation conventions very closely, to assess whether the tax rates in the countries concerned were reasonable and whether they would allow Canadians to see that everything was as fair as it should be and that these conventions being signed with many other countries were not being abused. There are over 90 treaties at present. I gave the example of the convention with Barbados; it is high time that we terminated that convention, which is being abused, and look to see whether there are others being abused and terminate them.