Mr. Speaker, I thank the member for Don Valley East for his eloquent speech in which he hit all of the key points.
We are here to talk about tax treaties, but obviously there are other areas that are affected. He discussed the importance of foreign direct investment in both directions in his speech: Canada and Canadian companies investing in companies overseas, which would like to have some tax treaties in place, as well as trade.
I would ask the member to talk about the impact of having tax treaties in place and how that facilitates increased foreign direct investment in both directions, and also increased trade in both directions.