Iqwinder Gaheer at the Industry, Science and Technology Committee

On June 12th, 2023. See this statement in context.

June 12th, 2023 / 5:20 p.m.

Liberal

Iqwinder Gaheer Liberal Mississauga—Malton, ON

Thank you, Chair.

Thank you to all the witnesses for making time for this committee.

My questions are for Ms. Ryan from FINTRAC. We know that the bill sets the threshold at 25% for what beneficial ownership is. We've heard testimony, and I think some colleagues have actually suggested that they would prefer a lower threshold, and 10% is a number that's been thrown around.

Could you speak a little bit about what the international standards are and what Canadian provinces are doing?

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