It just seems to me that maybe the challenge is more around the detection of an actual money laundering transaction. The other issue is how difficult it is to prosecute, as opposed to an achieving an actual conviction, then a penalty, and then a recurrence of the crime. I don't think we're that far out. I think we're still sitting back and asking how effective detection is within FINTRAC and how successful they are at prosecution. Those seems to be the bigger uncertain questions.
On March 27th, 2018. See this statement in context.