Mr. Speaker, I know that residents of Oakville, particularly taxpayers there, want to make sure they have the same opportunities to succeed and benefit in a growing economy. That also means making sure that the tax system is fair to everyone, so I am delighted to see that we are taking steps in the fight against aggressive international tax avoidance and countering strategies that allow business and wealthy individuals to avoid paying their fair share.
It seems to me that this legislation would allow for a much quicker and more efficient updating of multilateral conventions and bilateral tax treaties. Could my colleague say a few words about his impression of that in this bill?