Thank you, Chair.
I thank Monsieur Dionne Labelle for that question.
As my colleague may recognize, in order for terrorist organizations to survive and continue, they need to be financed on a regular basis. Our concern, and the concern of many Canadians along with the international community, is that terrorist organizations are taking advantage of such organizations as charities and taking advantage of virtual currencies like Bitcoin in order to launder money and to funnel funds to their bank accounts in other countries. Obviously if we're in a position where we can stop this from happening, then that is a significant step forward in our fight against international terrorism.
These are just some of the issues that come up. I'm sure many other issues will come up as we have our witnesses describe their concerns, but this is a big topic. Financial institutions have put in place controls as well, but we have to find out whether those controls are actually working, because terrorist organizations are getting funding. They are perpetuating themselves and growing as a result of financing. We need to find out where that financing is coming from and stop it as much as we can.