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House Hansard - 42

44th Parl. 1st Sess.
March 21, 2022 11:00AM
Context: House Hansard - 42 - Mar/21/22
Mr. Patrick Weiler (West Vancouver—Sunshine Coast—Sea to Sky Country, Lib.)
  • Mar/21/22 4:50:56 p.m.
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Madam Speaker, I had the pleasure of sitting beside my colleague from Cowichan—Malahat—Langford on the flight last night and talking about one part of the motion, which is the creation of a publicly accessible beneficial ownership registry. In the budget last year, we provided funding to set up a beneficial ownership registry for federally incorporated companies. In our platform this past election, we campaigned on a homebuyers' bill of rights to have such a registry for property. Unfortunately, provincially regulated companies would not be covered by that, and land ownership is provincially regulated. I was wondering if the member could speak a bit more on the third part of that motion, on creating a publicly accessible beneficial ownership registry, if that is for property or for companies, and what he sees as the federal government's role in working with the provinces so they adopt similar measures.
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