Thank you, Mr. Chair.
Gentlemen, thank you very much for your presentations. They were very interesting.
I would like to focus more on Canada, for a change.
The committee has heard from a number of witnesses who talked about Canada's ineffectiveness in prosecuting cases in the fight against terrorist financing. For instance, FINTRAC receives a huge amount of information, but very few cases come before the courts.
I will quote Ms. Vonn, who is a policy director at the British Columbia Civil Liberties Association. She said the following:
... what little evidence is available can only suggest either that there is considerably less terrorist financing than feared or that the regime is not very effective at addressing it. However, much of the response to that situation of genuinely failing to understand the need and advocacy of the regime is simply repeated or just for more invasive powers; broader disclosures of sensitive, highly prejudicial personal information; a more onerous administrative burden on the private sector; and more resources for FINTRAC and its partners.
How do you think we could combat terrorist financing more effectively? For instance, should criteria be established to target more at-risk transactions or should changes be made to the current $10,000 threshold?
My question is for Mr. Stephenson, Mr. Johnston or Mr. Rudner.