I have two sets of questions, first for Mr. Bell and then for OSFI.
Mr. Bell, you mentioned drugs at one point. There are three international treaties that Canada belongs to: the 1961 Single Convention on Narcotic Drugs, the 1971 Convention on Psychotropic Substances, and the 1988 Convention against Illicit Traffic in Narcotic Drugs and Psychotropic Substances. The Government of Canada has the intention, by July 1 of this year, to decriminalize and legalize cannabis. It does form part of the black market and it is how some terrorist organizations as well as other illegal organizations finance themselves. They use the proceeds of trafficking to sustain their organizations.
What work has your organization done to get ready for that moment when cannabis becomes legal in Canada? Have you done any work? Is Canada pulling out of these treaties? How does it impact the monitoring of organizations that may be doing cannabis today, and were doing maybe heroin and cocaine to finance their activities, but have also been doing...? Then, on July 1, cannabis will be legal. How does that fit in? What are you doing to get ready for that moment?