Mr. Speaker, the regulations that will be promulgated under this new legislation will indeed require security clearances. In addition, the Minister of Finance recently reached an agreement with his provincial and territorial counterparts to ensure that we know who owns which corporations, which will help prevent Canadian or international companies from facilitating tax evasion, money laundering, or any other criminal activity.
In the House of Commons on February 1st, 2018. See this statement in context.