Mr. Chair, the point we are trying to get across is that companies cannot avoid paying taxes here. The issue, really, is that we have an agreement with those countries to facilitate trade. Our agreement does not allow them to avoid paying taxes in Canada; it allows them to make investments in other countries. We have a territorial tax system, pretty much like every other country on the planet. The U.S. is now moving to that approach. This is an approach that clearly is a consensus among other countries and one that is working for the global community.
In the House of Commons on May 22nd, 2018. See this statement in context.