Mr. Chair, we have been working with partner countries at the OECD to develop and implement common approaches or standards to better share information and limit the ability of large multinational corporations to use tax avoidance strategies to minimize their global tax liabilities. This is an important initiative that will allow us to make sure that organizations pay their taxes in the place where those revenues are earned. This is an effort that is ongoing. We are collaborating closely with other countries. The best approach, in our estimation, is to ensure that we tax companies in the jurisdictions in which they should be taxed.
In the House of Commons on May 22nd, 2018. See this statement in context.