Thank you very much.
I think the Magnitsky Act is probably an important symbolic act. I'm not entirely sure it will have a massive consequence in the broader scope in terms of all of a sudden stopping a huge amount of illicit international flows of assets. In terms of sending the right signals to say that Canada is definitely not going to be a safe haven for these assets, I certainly support that, but I do agree with Gerry that other measures, such as beneficial ownership registries, will in the end have a much more significant impact.
If I had to choose, I would certainly go for a beneficial ownership registry rather than a Magnitsky Act, but if I had the privilege of having both, obviously I'd certainly support both.