First of all, I should say that the Magnitsky act is not dependent on having assets in Canada. The purpose of sanctioning somebody under the Magnitsky act is to name and shame those individuals. If they have assets in Canada, that's a plus. If we look at the more than 200 people who have been sanctioned in the U.S. under the Global Magnitsky Human Rights Accountability Act, we see that very few of them have assets in the United States. But the moment a person gets added to the sanctions list, that person basically becomes a pariah in the world of banking and international finance and no longer can open bank accounts anywhere.
I would argue, first of all, on a previous question of how many Chinese officials should be sanctioned, a lot more than the four who have been sanctioned by the United States. Just so it's clear, there are 52 people on the U.S. Magnitsky list, and this is just one case. We're talking about a genocide affecting a million Uighurs. That doesn't happen unless there's a massive organization involved. I think there should be a massive sanctions list for Chinese officials so the names are known and these people are named and shamed. Others who are involved may then start to worry that they're going to be named and shamed and their lives will be cut off from the international world of finance.