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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. Brad Vis (Mission—Matsqui—Fraser Canyon, CPC)
  • Jun/16/23 10:27:23 a.m.
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Madam Speaker, Mission—Matsqui—Fraser Canyon is Canada's number one riding. I will just note that, during the witness testimony, we heard from Transparency International and the RCMP that the standard practice the government keeps talking about was not actually a standard practice; it was just a norm that became adopted. I fail to see why the government sees such an impediment to decreasing the threshold, as if it were going to suddenly stop us from doing more work. The RCMP wants it. The leading experts in Canada on money laundering think lowering the threshold is a good idea. As well, in conjunction with lowering the threshold, more businesses, under the federal corporations act, would be included. I should point out that we did not even have a chance to discuss the stacking of corporations in conjunction with the change in thresholds as well. I do not know why the government is so stuck on not doing this. The RCMP thought it would be a good—
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Context: House Hansard - 215 - Jun/16/23
Mr. Brad Vis (Mission—Matsqui—Fraser Canyon, CPC)
  • Jun/16/23 10:54:14 a.m.
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Madam Speaker, I would like to understand the rationale behind lowering the significant threshold from 25% to 10%. Indeed, the New Democratic Party supported this amendment after hearing testimony during the debate at committee on why Canada should be a leader in money laundering to adopt a more progressive threshold, which was outlined by the RCMP.
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