All parties agreed that the applicability of this bill, if passed into law, will largely be dependent on the participation of provincial and territorial jurisdictions. The minister indicated today in his opening comments that he wrote a letter, but so far we do not have any assurances, despite the minister's best wishes and despite the best wishes of Canadians and even of some provinces, that there will be full participation and that a beneficial ownership registry will in fact be pan-Canadian.
In his comments, the minister alluded to this as a first step, and then we'll see which provinces may opt in after that. According to that comment, what time frame has the department set to reach agreements with provinces and territories for their possible participation under this bill?