It just depends on the will on behalf of political parties. If there's political will, you could certainly include provisions requiring disclosure of foreign corporations. The way this is set up is that at the provincial level, when a foreign company is registering to carry on business, it's done with the provinces. Our perspective is that this should be step two on behalf of the federal government. Canada can start work with the provinces and territories in requiring this.
It's important to remember that this work on beneficial ownership transparency is going to be iterative, and it needs to happen step by step. Canada has already taken the first step with phase one of beneficial ownership requirements, where corporations hold an internal register. This step we consider to be step two, but there are still several steps that need to be taken.
I think, with this bill, Canada is well on its way.