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Decentralized Democracy

House Hansard - 177

44th Parl. 1st Sess.
March 31, 2023 10:00AM
Context: House Hansard - 177 - Mar/31/23
Hon. François-Philippe Champagne
  • Mar/31/23 10:26:17 a.m.
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Madam Speaker, I would like to thank my esteemed colleague for his contribution, and I think his words lead us to believe that the Conservatives will be supportive. On the first issue, there are some exemptions. One that comes to mind is around minors, for example, and other people who could be at risk when providing that information. What we need to know is that what would be public and searchable would be the name and address of the beneficial owner. What law enforcement authorities would have access to, in addition to that, would be the date of birth and citizenship. We can have a split to make sure that we provide as much relevant information as possible to the public and other entities to be able to search, but I would be open to see what we can do on that, with the caveat that we go fast. The number of exclusions is very limited and they are based on consultation. With respect to interoperability, my colleague will have noted that we developed and used the beneficial ownership data standard, or what we call BODS, which is the international standard, exactly to make sure we can have as many people as possible be able to contribute and ultimately provide the level of accuracy and searchability that we would want to see. I welcome the member's contribution.
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