Mr. Speaker, the government's anti-terrorism law is not only intended to mobilize the domestic legal arsenal against international terrorism but to help build and strengthen the international mechanisms to confront the new supernational terrorism.
Accordingly the Canadian government is hosting this week an international conference on money laundering involving participants from 43 countries to address and redress an evil that threatens the security and lives of people.
In particular, terrorists and transnational criminal syndicates have enormous resources at their disposal with the capacity to infiltrate, undermine and circumvent legitimate socioeconomic infrastructures and transactions.
By targeting money laundering, the soft underbelly of terrorist and criminal organizations, the conference aims to stem the illicit flow of funds that sustain these organizations, which exemplifies our international leadership role in protecting human security in mobilizing the legal arsenal to put people, their safety and their lives first.