I'll look into that a little further. I see your point, but I still think that there's something more we can do.
What I'm concerned about is stacked corporations, people going around the 25% threshold through the arrangements of their businesses. I just think, given that only 500,000 business are covered under the federal business act, that we could be doing more. The effectiveness of this registry will largely, therefore, fall upon provinces' opting in, but we have no guarantee that provinces are going to opt in as of right now. That's the grey area in whether this bill will actually be effective in combatting money laundering, in my opinion.
Mr. Chair, how much time do I have remaining?