If I understand the premise correctly, then the bank and the system would provide or would somehow facilitate FINTRAC or a government agency to have access to that information. If that is the premise, then I think we need to look at the question of proportionality. What harm are we trying to address by having the government have access to that information. It may be that there is an important harm, but I would want to look at the question of the harm quite seriously.
On February 28th, 2018. See this statement in context.