Mr. Speaker, in reaction to the measures taken by the United States to trace funds linked to the terrorists, the superintendent of financial institutions asked Canadian banks to trace funds deposited in their accounts and to co-operate with the U.S. authorities.
Will the Minister of Finance tell us whether or not funds identified as belonging to individuals or to terrorist groups include funds they hold in foreign branches of Canadian banks, including the 50 branches of Canadian banks located in the Caribbean, a region considered to be an absolute hotbed of tax havens and money laundering?