It's not private. I talk about beneficial ownership being disclosed a bit like you disclose information to CRA or any number of government regulators. It's confidential business information.
Let me give you a simple one. If I have a mining and oil and gas company, I'm spending hundreds of millions of dollars or billions of dollars to find where those resources are. If I'm going to signal to my competitors that I'm looking in...I don't know. I think you're an MP for Windsor, so maybe you don't want an open pit mining operation in Windsor.