It is difficult for me to provide a national perspective for you. All I can really do is to provide the British Columbia perspective. Housing is the number one political issue in British Columbia. In the Lower Mainland, the issue is acutely connected to the fact that our real estate has been totally disconnected from what local wages can pay, and that nobody can convincingly answer the question of where the money is coming from. I think that, as a matter of public confidence in government, we need to be able to answer the question of where the money in our housing market is coming from. I think that's why you see me sitting here today, because the people in British Columbia have clearly connected the issue of money laundering to impacts on their day-to-day life. It's about the 15-year-old, in December, who was driving with his parents, who got hit by a stray bullet in Vancouver. It's about that gang crime. Money laundering is not a victimless crime. It's also connected to the fact that we have big problems in our real estate market. I think it's critically important that we have beneficial ownership disclosure.
On March 27th, 2018. See this statement in context.