Thanks very much, Mr. Housefather and Chair, for the question.
The model here really starts from the premise that part of the challenge we're facing in the Canadian context is an operational and tactical one. We have many good law enforcement agencies and prosecution services in this country with expertise in financial crime, but they are inherently provincial. Part of the reason for standing up this agency is to give greater firepower at a national and international scale.
In the model envisioned, the prosecution side would still depend on the arrangement between the PPSC and a provincial prosecution service about which agency would be best placed to advance that prosecution. That's consistent with our custom here in Canada.
