Thank you, Mr. Chair.
I thank the witnesses for being with us today. We're pleased to have you here.
Mr. MacKillop, in your opening address, you said that crowdfunding sites like GoFundMe were not among the sectors regulated under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act. This act came into force in the 2000's. The GoFundMe site was launched in 2010.
Is the current legislation appropriate for the new virtual reality of the Internet?
Perhaps a number of legislative changes should be made to ensure that crowdfunding platforms like GoFundMe are subject to the act. What do you think?