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Finance committee Sorry; but that didn't go through your body. That was directly from law enforcement to the financial institutions. FINTRAC really didn't get involved at all in the cessation of funding—unless I'm incorrect. Please do correct me if I'm wrong.
February 24th, 2022Committee meeting
Philip LawrenceConservative
Finance committee Mr. Chair, my time is coming to an end, I assume.
February 24th, 2022Committee meeting
Philip LawrenceConservative
Finance committee Perfect. I realize you'll have only 30 seconds for this, but perhaps you could talk about it later. As we prepare for the eventual inquiry and greater study of this, I'm wondering if you had any learnings from that week or five days about what it would take to implement crowdsourcing.
February 24th, 2022Committee meeting
Philip LawrenceConservative
Finance committee Thank you very much. I'd like to thank Mr. MacKillop for his excellent opening statement and, I might say, his strong testimony at the public safety committee, which I've had the opportunity to review. I want to summarize some of the testimony you've already given so that it's clear to Canadians.
February 24th, 2022Committee meeting
Philip LawrenceConservative
Finance committee Okay. Those would constitute the intermediaries, for lack of a better term, the companies like Wealthsimple, but peer-to-peer cryptocurrencies aren't currently required to be registered. Am I correct on that?
February 24th, 2022Committee meeting
Philip LawrenceConservative
Finance committee First, I'd like to thank all the members for their excellent statements. Second, because we were unable to get the RCMP here today and have just FINTRAC, who already testified at some length at the public security committee, I'm wondering if we would move this from a three-hour meeting to a two-hour meeting.
February 24th, 2022Committee meeting
Philip LawrenceConservative
Finance committee Thank you, Chair. We share in the government's condemnation of this unprovoked attack on the people and the country of Ukraine. The attack is a violation, of course, of Ukraine's sovereignty. It's also a violation of international norms and of the system on which Canada and the western world's prosperity has been built—the most prosperous time in recent history.
February 24th, 2022Committee meeting
Philip LawrenceConservative
Finance committee Thanks very much. Mr. McLean, do you want to take the round? I'm sorry. I know you've just arrived.
February 22nd, 2022Committee meeting
Philip LawrenceConservative
Finance committee It's really just individuals who supported or were present in the Ottawa protest between February 15 and February 22 who should be concerned.
February 22nd, 2022Committee meeting
Philip LawrenceConservative
Finance committee Because we've stopped freezing bank accounts, anyone whose account has not been frozen, we can say that it will not be. Is that correct?
February 22nd, 2022Committee meeting
Philip LawrenceConservative
Finance committee To your knowledge, are there any of those activities going on right now?
February 22nd, 2022Committee meeting
Philip LawrenceConservative
Finance committee I just want to follow up on Mr. Blaikie's line of questioning. Is there anything stopping you from asking the financial institutions to send notices out to people who have had their accounts frozen under the Emergencies Act? I don't believe there is. I'm a lawyer. I don't think there's anything stopping you from asking them.
February 22nd, 2022Committee meeting
Philip LawrenceConservative
Finance committee Thank you very much. I want to get some clarity so that Canadians can understand. I can't be the only MP—in fact, I know in our caucus it's almost been throughout—who has received many phone calls and emails from very concerned and scared Canadians. If we can provide some clarity....
February 22nd, 2022Committee meeting
Philip LawrenceConservative
Finance committee A point of order, Chair.
February 22nd, 2022Committee meeting
Philip LawrenceConservative
Finance committee On a point of order, this member has several times pointed out relevance. I really do wonder whether his soliloquy had anything to do with the financial matters respecting the Emergencies Act. But he's completed it, so....
February 22nd, 2022Committee meeting
Philip LawrenceConservative