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Decentralized Democracy

Member of Parliament

Adam Chambers

  • Member of Parliament
  • Member of Parliament
  • Conservative
  • Simcoe North
  • Ontario
  • Voting Attendance: 67%
  • Expenses Last Quarter: $121,028.17

  • Government Page
Context: House Hansard - 113 - Oct/19/22
Mr. Adam Chambers
Madam Speaker, if I had the benefit of being in government and significant legislative resources to bring forward additional measures, I most certainly would have done so, but the truth is there actually is not an administrative penalty for it right now. The beneficial ownership registry does not exist today, so this is a criminal penalty for those who lie about their identity or the corporate ownership structure of the name under which they are opening an account. We need a serious penalty for a serious crime, and it needs to be criminal and not administrative. That is what we will see in the beneficial ownership registry. We need a criminal penalty for this, and we must take a step to say no to global criminals.
126 words
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