I think the majority of this money goes to real estate in Canada, especially in big cities like Toronto, Vancouver and Montreal. Among Iranians, when there's somebody involved in corruption, usually they say, “Okay, we will find him in Vancouver next month.” This is a saying among Iranians inside the country.
Let me give you an example. A friend of mine, about two or three years ago, decided to bring all his savings from Iran. He wanted to declare that to CRA. When he asked the currency exchange store, “Okay, how should I declare that to the CRA?” the answer was, “What's the point? I bring in millions of dollars every day, and there are no consequences. There is no investigation or supervision.”
I think that would be the right answer to your question.