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House Hansard - 216

44th Parl. 1st Sess.
June 19, 2023 11:00AM
Context: House Hansard - 216 - Jun/19/23
Mr. Ryan Williams
  • Jun/19/23 7:49:09 p.m.
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Mr. Speaker, there is a lot of great work my hon. colleague and I do, and I have a lot of respect for him. He does a lot of great work at the INDU committee, and I am happy to work with him. There is a $113-billion question for money laundering, and my colleague and I are on the same page when it comes to blockchain technologies. As I mentioned in my speech, we finished that report. When it comes to blockchain, it is tremendous for Canada, because it is about a $2-billion industry, with 16,000 jobs. With the companies and the work being done here in Canada, Canada right now, in the meantime, is considered a world leader. From there, we need bills that tackle the regulation of those industries so we can become and continue to be a leader. We also need to tackle money laundering problems that exist with cryptocurrencies and blockchain itself. The member is right that we need a separate bill that takes up the work we completed over eight or nine meetings at the industry committee on blockchain to ensure that cryptocurrencies and blockchain are used for good in Canada. Canada can be a world leader in this. We can take the examples that have been brought to committee and make sure that Canada benefits the most from them. I know that my colleague and I would be happy to work further on that together at the INDU committee as we continue it.
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