Mr. Speaker, as I mentioned, I did lay out my concerns, and I think that addresses much of the question.
I also mentioned that there are ways, in addition to this piece of legislation, to allow money to be repatriated to our country. We continue to spend money to go after these bad actors. On the other side, we see the money that we are losing out on, which could pay for a number of programs that Canadians love and cherish. I do think there is an obligation to go after that, as I mentioned in my speech, in concert with the bill, and there are ways to do it.
We can see what is happening in the United States. Money is being repatriated to the United States in hundreds of billions of dollars, because the Americans were able to lower the tax rate and provide incentives for companies to bring that money back. We could go after them in a meaningful way through this legislation. We could also be a tax magnet as well. We could allow companies to repatriate the money they have, invest in their workers, invest in their companies, pay their taxes here domestically, and I think we would all win because of that.
This is not a situation with one solution only. I think the government needs to look at that avenue as well and ensure that we are being competitive on the world stage in terms of a friendly business environment.