FINTRAC is fundamentally a....
I'm gong to start showing my age here. At the very first committee ever held in the Department of Finance, of all of the industry, I was there. I was there with our then CEO, a good Manitoban by the name of Brian Downey, when we began the first moves to track where money was moving between financial institutions. The reason at that time was to start getting at the whole money-laundering issue.
FINTRAC focuses on strictly following money. When you cross the border and they ask how much cash you have on you, if you say more than $10,000 you're going to be registered. FINTRAC's mandate is to be a key component of the drive against money laundering. I don't do any of that. I don't work with white collar commercial, or the RCMP, or CSIS in those areas.
So their mandate is around transactional business that involves money. Mine is related to large retail institutions and their behaviour on the retail end, and how they interface with the individual consumer.
I hope that helps.