Out of courtesy to Mr. Davies, I'll refrain from saying “nine years of the NDP-Liberal government”. I think Mr. Davies would grant me that in the last two and a half or three years of the Liberal government supported by the NDP, we have seen no notable or material improvement with respect to money laundering in the Canadian economy. In fact, as I mentioned earlier, there are numerous media reports on the significant impact that money laundering is having on the Canadian economy. Nearly every major media outlet has reported on that.
We've seen some of Canada's largest financial institutions receive fines, both here in Canada and in the United States, for their lack of safeguards and protections against money laundering. At this committee, we've heard from FINTRAC, among other organizations, about the lack of enforcement and the impact this is having on the Canadian economy.
Let's get real and serious at this committee as the finance committee. This is a scourge. It's a blight on the Canadian economy and our country. Passing a motion to call for the study of money laundering and actions we can take would take a strong stance, not just here in Canada but across the world, on protecting our country. It would also take a strong stance on protecting, quite frankly, the most vulnerable, whether they are young women being sucked into the horrible world of human trafficking or young folks across our country being sucked into the opioid crisis.
This is an opportunity for us to do something that's right. It's valid. Let's not let partisan bickering and silliness get in the way of that. Let's just pass this motion.
With that, I move that we adjourn debate on Mr. Turnbull's motion to move forward to the subject of the Standing Order 106(4) request and Mr. Chambers's motion.