Thank you, Mr. Chair.
People from Wealthsimple told the committee that other countries have laws requiring platforms such as YouTube to verify the identity of ad buyers when those financial ads promise high returns. They are asked to verify the identity of the advertisers to ensure that they are not fraudsters, and that must be done properly by an institution that is recognized in the country.
Why don't you do that here? It would simplify a lot of things. It would prevent a lot of fraud. Why don't you verify the identity of the purchasers of advertising to make sure they're not criminals before publishing the ad on your platforms?
