Finance committee  I wish to add two things very briefly. One, to the point about the number of convictions, this is not at all about the ATM machines in particular, but I do think that as a priority there should be more funding for enforcement generally. That is really an issue that needs greater

Finance committee  My understanding is that it's a gaping loophole. Whether or not that means a ton of lawyers in Canada are doing illicit things, I simply couldn't speak to, but to the extent that we can create legislation and create a framework that tries to be as strong as possible, I think this

Finance committee  First of all, I would say it's really important that Iran continue to be listed here in Canada as a state sponsor of terror. I think the issue comes forward every two years that it has to be reviewed. It's absolutely imperative that it continue. Even President Obama, who was, we

Finance committee  Sure.

Finance committee  I agree and I am opposed to this deal for the very reason that Iran has a long history of using civilian planes for terrorism purposes. For me, at the very least, I would just want more transparency. I just want to know if the deal is in fact taking place or not, because right n

Finance committee  First, I don't have specific recommendations on this area other than to say that this committee should maintain the pressure on the law associations to come up with a solution. They will be able to find a constitutional solution. It really is a question of will. I think in some o

Finance committee  I think it was my main concern. I tried to understand what the process is for non-profits, what their responsibilities are. Because they don't get to issue tax receipts, the thinking is that they shouldn't have to do very much by way of reporting, but they have to file a tax retu

Finance committee  Yes. I read his testimony, and I agree that it was very compelling. I think this speaks to this issue of beneficial ownership. I think that's what you're getting at. The reason I didn't mention it was that I didn't want to be repetitive. There is a consensus emerging among some

Finance committee  Thank you very much for that question. Can I go back for just a second to the question that you asked the previous witness?

Finance committee  I believe it had to do with the predicate offence and having to prove it. With the greatest of respect, if I were a member of the committee—I don't have the authority to do this—I would be really interested in inviting a Canadian prosecutor, an American prosecutor, and perhaps a

Finance committee  As for your question about the terrorism coming here as opposed to it going abroad, yes, it's a very real issue. In fact, in the public safety minister's 2016 “Public Report on the Terrorist Threat to Canada”, he does talk about the fact that there are issues here, including, for

Finance committee  Under this particular act, the Proceeds of Crime (Money Laundering) and Terrorist Financing Act, I'm not sure how much terror financing money there is. My understanding is that it was extremely low. They have been able to seize money under the AML, but not so much the ATF. What

Finance committee  I would say that would be whoever is responsible for seizing those funds under the terrorism section of the Criminal Code.

Finance committee  Sure, I'd be delighted to. I'll start talking and you can stop me whenever I run out of time. I can be here all night. I can't actually, as I've got a flight.

Finance committee  Thank you very much for the invitation to share a few additional comments, and I do have some. I'll start with the fact that the FATF, the Financial Action Task Force, in its report about Canada noted that some of the penalties for violating their AML or ATF laws are not proport