I raise this because it seems to me that we're increasingly becoming a haven for transnational repression, in part funded by financing activities that are illicit. I look at TD Bank's cancellation of a proposed takeover of a U.S. regional bank, a $13-billion U.S. takeover. It was kiboshed by U.S. regulators because of money-laundering concerns.
I see FINTRAC's recent finds levelled against big Canadian banks. The Royal Bank, I think, got a $7-million fine. TD got fined over $10 million. Other banks got fined. This is all in the last month or so, and then just this past week there was a $65-million U.S. fine against a Royal Bank subsidiary for money laundering. It seems like we are a nexus—
