Senator Loffreda: Thank you for your response. We all agree that illegal funds must not support illegal activities.

My supplementary question was on the exit strategy which has been discussed in detail. Senator Gold, any further insights on new developments in the future on the exit strategy would obviously be welcome. I also very much welcome the following parliamentary review and inquiry on the matter. Thank you.

Hon. Tony Loffreda: Senator Gold, my question is on strategy. In the initial planning stages, to what extent were our banks consulted? Have they shared concerns about public perception with respect to their independence?

Like law enforcement, I know many Canadians expect their financial institutions to be independent and free from government intervention. I do appreciate that these are emergency measures, that they are targeted and temporary, but they are unprecedented.