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View Rob Merrifield Profile
CPC (AB)
View Rob Merrifield Profile
2012-11-07 16:15 [p.12067]
We have heard for two and a half years that the reason the New Democrats are saying no to this is because of a tax haven in Panama. It was on a grey list, and it has moved from a grey list to a white list. My hon. colleague knows this. We heard it in testimony at the committee. He heard from the finance department that this is working and that there is a change with Panama. Panama has come a long way.
We could take two approaches. One approach is as we did with Jordan, where we sign an agreement to try to improve the labour situation and some of the corruption we potentially see in some of these countries. Or, we could just step aside and wait until they have their house completely in order. Our approach is to go in, engage and be able to bring them into a place that is much more positive. That is exactly where Panama is. It has gone from a grey list to a white list, and it is improving.
The hon. colleague knows full well that this is going to be worked out in this legislation, and that is the fact. The hon. colleague, if he were absolutely true to himself and to this House, would admit it.
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