Thank you, Mr. Chair.
Welcome, everyone.
Bill C-27 is a very important bill for consumers, for individuals and for businesses, both domestically and internationally. One of the things I've been able to glean just from the testimony today is the regulatory alignment that's needed between us and other jurisdictions, and also that we in Canada benefit, sometimes, from what's called a fiscal federation. Sometimes the provinces move first, and sometimes we do, but we need to be on the same page due to the importance of the material here.
This is for the Canadian Bankers Association.
In 2018, I was part of the finance committee when we did the statutory review on money laundering and terrorist financing. “Moving Canada Forward” was a report that we issued in November 2018. You've raised some good things and some potential amendments and so forth with regard to the CPPA in relation to money laundering and terrorist financing. Can you comment on that and add any more colour that you wish to add in that vein?