Mr. Speaker, I want to thank my esteemed colleague from Montarville. He had a wealth of experience with international tax treaties before joining politics. These treaties are designed to ensure that Canadians and other citizens follow the rules and meet their obligations as established by foreign countries and Canada.
My colleague is right to say that this kind of tax treaty is, first and foremost, an obligation that binds both countries. We have great faith in the Canadian system, in the quality of the information and in Canada's tax fairness, and signing a tax treaty with Madagascar would require that country to meet the same standards as Canada. That way, the people of Madagascar and Canada would know that the same information and reports are accepted in both countries. The member is also right to say that this is another way of increasing our ability to ensure tax fairness around the world.