Finance committee  Thank you very much. Thank you for appearing today, Governor. I want to go through and focus on a particular area of inflation, and that's with respect to energy. In seven of your last 11 press releases, you stated that energy, either gasoline or oil, was the cause or significant driver of inflation.

Finance committee  [Technical difficulty—Editor] direct role. I'd like to pivot to a different area. My concern—I think Mr. Blaikie may have pointed this out as well—is that it does appear that we have a hole in our money-laundering dragnet. If you have a foreign entity that is giving to a foreign crowdsource or even to a not-for-profit group that, for example, wanted to stop pipelines, and maybe international actors such as Russia would want to support those types of groups or those crowdsourcing platforms, we don't really have a way to [Technical difficulty—Editor] Canadian financial institution.

Finance committee  You got it, Mr. Chair.

Finance committee  Thank you. Mr. MacKillop, I just want to confirm something arising from my last questions. Just to be clear, I imagine you were working around the clock to implement the Emergencies Act at your department, but despite your best efforts, nothing that gave you additional authorization or that gave FINTRAC additional authorization helped at all in ending the illegal protest [Technical difficulty--Editor]

Finance committee  Oh, that's a shame.

Finance committee  It was the greatest question I've ever asked. In all seriousness here, I just wanted to be clear, from my last round of questions, that the additional powers given to FINTRAC in the emergency measures act invocation or proclamation did not help in resolving the blockades or the illegal protests.

Finance committee  Thank you, Mr. Chair. First, I want to join all my colleagues in expressing my full solidarity with the Ukrainian people. Today, Ukraine is plunged into darkness and terror as a result of Russia's completely unjustified attack. President Putin's brazen disregard for international law, democracy and human life is inexcusable.

Finance committee  It's MP Lewis.

Finance committee  Okay. Thank you. Thinking ahead, if we address some of these gaps with legislation, I'm also thinking about potential other gaps that may still exist. I'm contemplating situations where an entity actually fundraises directly without the use of a fundraising platform and accepts donations, both domestic and foreign.

Finance committee  Thank you very much. I believe that's my time, Mr. Chair.

Finance committee  Okay. Obviously, then, transactions that would have fallen below that threshold would not have been reported. It's similar....

Finance committee  Okay. Thank you. That would be the same for transactions that originate and have a destination within Canada and then outside of Canada as well.

Finance committee  Okay. Thank you. We have heard about specific gaps. Since some of these transactions may have been identified, are there transactions that were not identified that ought to have been identified and that future legislation may address by including the crowdfunding platforms? I'm trying to understand exactly what that gap might be that we're looking to address.

Finance committee  Okay. Thank you very much. That being said, though, if I understood your testimony at the public safety committee—and let's just stick with crowdsource funding here, even though they aren't direct registrants—you do sort of have eyes on those transactions through other means, such as through Stripe and Interac, and the money flows into, and I guess out of as well, a crowdsourcing platform.

Finance committee  Thank you very much. My next question builds on that. The emergency measures act invocation gave you the ability to make crowdsourcing a registrant, but I suspect you weren't able to get very far in those four or five days. I also suspect it had very little impact on the actual disbursement of the illegal protest.