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Decentralized Democracy

House Hansard - 215

44th Parl. 1st Sess.
June 16, 2023 10:00AM
Context: House Hansard - 215 - Jun/16/23
Mr. Patrick Weiler
  • Jun/16/23 10:28:39 a.m.
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Madam Speaker, I would say my riding is the most beautiful riding in the country. I talked quite a bit about the rationale for keeping the disclosure threshold at 25%. It is important for it to be seamless in order to operate and communicate with all jurisdictions around the world that are implementing this system. Making sure we are consistent would be very helpful and seamless for the sharing of that information. I think there are always opportunities to see if this might be changed down the road. I know some jurisdictions are actually now thinking of lowering the threshold. If that were to take place around the world, then I think there would be good rationale for us to emulate that; however, I think, as it stands right now, this is the standard, and it is important for us to be consistent.
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Context: House Hansard - 215 - Jun/16/23
Mr. Kevin Lamoureux (Parliamentary Secretary to the Leader of the Government in the House of Commons, Lib.)
  • Jun/16/23 10:58:02 a.m.
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Madam Speaker, I just want to emphasize that, when we talk about corporations and laundering and so forth, it is important to recognize that many of these companies are actually under provincial jurisdictions. With the federal government bringing forward legislation of this nature, this demonstrates leadership and the hope that the provinces and territories would do likewise. Both complementing each other would give strength to what is actually being proposed. Could the member expand on that particular point?
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