Thank you, Minister.
There's another issue that's especially prominent. Across the country, money laundering is an issue in Canada, but it's especially prominent in my province of British Columbia, where the nature of the money laundering that we see there actually has been given a name. It's called the “Vancouver model”.
The province has launched the Cullen commission. It has uncovered how in some cases we have Chinese capital evading some of the currency export controls through the fentanyl trade to Canada, which is then being laundered through real estate and casinos. This has an impact not only on fuelling the deadly opioid epidemic that we're having in B.C., but also on raising the price of real estate.
That's why I was very curious to see that in the supplementary (C)s, there is $419,229 under vote 1 for operating expenditures, which is requested “to strengthen Canada's anti-money laundering and anti-terrorist financing regime”.
My question to you, Minister, is, what specific measures would be implemented with the requested funding and how will they strengthen Canada's anti-money laundering and anti-terrorist financing regime?