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House Hansard - 177

44th Parl. 1st Sess.
March 31, 2023 10:00AM
Context: House Hansard - 177 - Mar/31/23
Mr. Gabriel Ste-Marie (Joliette, BQ)
  • Mar/31/23 10:20:50 a.m.
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Madam Speaker, I thank the hon. minister for this important bill and for his speech, which was very informative. We learned a lot, which is good. Obviously, the Bloc Québécois supports Bill C-42, and we are prepared to do what it takes to get it passed more quickly. We were concerned about respect for jurisdictions and the different securities, but everything is there. As the minister said, this has been a successful collaboration. As I told him, the registry has been online in Quebec since 9 o'clock this morning. The Government of Quebec is the first government in North America to do this. I have a bit of a technical question. If company A is owned by company B, which is owned by company C, then we can track down who the beneficial owner is, but what happens if a company is in another less co-operative country where there is no automatic information sharing, such as a tax haven? Will Bill C-42 make it possible to identify the real owner?
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