Finance committee  Fine. The second slide, then, basically identifies three key developments that have changed our attitudes towards offshore compliance. First is the revolution in non-tolerance of non-compliance and the fact that politicians are now very much aware that the days of tax havens are coming to an end.

Finance committee  Yes, I can hear you.

Finance committee  Thank you very much. Let me first apologize for not being able to be physically with you and let me also commend the committee for choosing this issue of how to get better offshore compliance and how to deal with tax issues and tax havens. It certainly is an issue that is preoccupying many countries, not just Canada.