The bill is very important. It addresses a gaping hole in the country's legislative framework. It's a very important step, but there is no silver bullet for this problem. As already mentioned, working with the provinces and territories will be very important to come up with a truly pan-Canadian solution.
The recovery of assets linked to crime, and investigations and prosecutions also represent significant gaps. More effort is needed on that front. The government actually announced that it plans to establish a dedicated financial crimes agency. More information will be provided in the fall. The goal is to bring together expertise, prioritize financial crimes, and leverage highly trained experts to conduct investigations and prosecutions and recover assets.