I'll deal with the second part of it first.
In terms of beneficial ownership, we always have to keep in mind that there are two aspects to it. There's beneficial ownership of corporations and there's beneficial ownership of land. Land being a provincial responsibility, it falls to the provinces to deal with that. British Columbia now is the first province to create a beneficial ownership registry for land. We will hopefully find the ultimate beneficial owner of all the land in our province.
Unfortunately, or fortunately, if we are looking at beneficial ownership of corporations, that has to come from the federal government. We know the federal government has made an announcement that it's looking at a federal beneficial ownership registry for corporations, I believe, in 2025, simply because you can incorporate both provincially and nationally.
Somehow you have to bring this together. I certainly favour beneficial ownership registries for both land and corporations. The important thing, however, is.... There are a number of factors, but without belabouring it, there are two important factors that I see. The first is “garbage in, garbage out”. You have to make sure there is some verification of what is going in or else it's worthless. There has to be a bit of a checking process—