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{
    "time": "2024-02-08 12:15:00",
    "attribution": {
        "en": "Mr. Patrick Weiler",
        "fr": "M. Patrick Weiler"
    },
    "content": {
        "en": "<p data-HoCid=\"8216879\" data-originallang=\"en\">Thank you, Mr. Chair.</p>\n<p data-HoCid=\"8216880\" data-originallang=\"en\">Getting back to your earlier point, only 15% of companies are incorporated federally, so it's very important that we have the provinces step up with similar beneficial ownership registries for corporations.</p>\n<p data-HoCid=\"8216881\" data-originallang=\"en\">I want to touch on a number you mentioned earlier. You said there were 24,000 entities reporting to FINTRAC. I saw in the last annual report that about 35 million transactions are reported to FINTRAC every year. In some ways, that's a tremendous amount of information. A lot of times, for a lot of these transactions reported, it's like trying to find a needle in a haystack.</p>\n<p data-HoCid=\"8216882\" data-originallang=\"en\">I was hoping you might be able to explain what the government is doing to make sure the information shared with FINTRAC can get to the appropriate authorities in a way that's useful for decisions and investigations, so they can determine whether any suspicious transactions for organized crime are involved.</p>",
        "fr": "<p data-HoCid=\"8216879\" data-originallang=\"en\">Merci, monsieur le pr\u00e9sident.</p>\n<p data-HoCid=\"8216880\" data-originallang=\"en\">Pour revenir \u00e0 ce que vous disiez tout \u00e0 l'heure, seulement 15 % des entreprises sont constitu\u00e9es au niveau f\u00e9d\u00e9ral. Il est donc tr\u00e8s important que les provinces \u00e9tablissent des registres de propri\u00e9t\u00e9 effective semblables pour les soci\u00e9t\u00e9s.</p>\n<p data-HoCid=\"8216881\" data-originallang=\"en\">J'aimerais revenir sur un chiffre que vous avez mentionn\u00e9 plus t\u00f4t. Vous avez dit qu'il y avait 24 000 entit\u00e9s qui faisaient rapport au CANAFE. J'ai vu dans le dernier rapport annuel qu'environ 35 millions de transactions sont d\u00e9clar\u00e9es au CANAFE chaque ann\u00e9e. D'une certaine fa\u00e7on, c'est une quantit\u00e9 \u00e9norme d'information. Souvent, pour beaucoup de ces transactions, c'est comme essayer de trouver une aiguille dans une botte de foin.</p>\n<p data-HoCid=\"8216882\" data-originallang=\"en\">J'esp\u00e9rais que vous pourriez nous expliquer ce que fait le gouvernement pour s'assurer que les renseignements communiqu\u00e9s au CANAFE peuvent \u00eatre transmis aux autorit\u00e9s comp\u00e9tentes d'une mani\u00e8re utile pour leurs d\u00e9cisions et enqu\u00eates, afin qu'elles puissent d\u00e9terminer s'il y a des transactions suspectes impliquant le crime organis\u00e9.</p>"
    },
    "url": "/committees/finance/44-1/126/patrick-weiler-4/",
    "politician_url": "/politicians/patrick-weiler/",
    "politician_membership_url": "/politicians/memberships/4565/",
    "procedural": false,
    "source_id": "12568324",
    "document_url": "/committees/finance/44-1/126/",
    "related": {
        "document_speeches_url": "/speeches/?document=%2Fcommittees%2Ffinance%2F44-1%2F126%2F"
    }
}