Mr. Speaker, I would like to commend my colleague on her speech.
I think that an agreement such as the one proposed by the G20 and the Organisation for Economic Co-operation and Development, the OECD, is a good initiative.
My colleague mentioned that this bill will help fight tax havens.
To her knowledge, if Bill C-82 is passed as it now stands and treaties are ratified between various parties, will it be possible to close the Barbados tax loopholes?
According to my colleague, will Bill C-82 ensure that Canadian financial firms that repatriate their taxes from subsidiaries in Barbados will be subject to Canadian taxes?