Finance committee  I regret that I don't have that type of ballpark figure to disclose at this point in time. What I can say is that the measures are aimed at giving the government the opportunity to seize and, where appropriate, forfeit assets that would include, for example, financial assets like cash and securities or non-financial assets such as real property and other tangible assets.

Finance committee  Good afternoon. Again, this is Lynn McDonald from Global Affairs Canada. Currently, every person in Canada and Canadians abroad have to disclose to the RCMP the existence of any asset in their possession or control that they have reason to believe is owned or controlled by a sanctioned person or by an entity owned or controlled by a designated or sanctioned person.

Finance committee  Good afternoon. I can provide a response to that. In response to the invasion of Ukraine by Russia, Canada and its G7 and other allies have taken numerous steps, including imposing a range of new sanctions measures. In the context of these amendments, this has been a proposed change aimed at promoting accountability and ensuring that the sanctioned persons are no longer able to access their assets in Canada, as well as to return ill-gotten gains to those affected.

Finance committee  The Russian Elites, Proxies, and Oligarchs Task Force has been set up with allies in the G7. Canada and its allies in the task force have all committed to taking measures along these lines, which are to work together to track the assets of key Russian elites and proxies and to deny them the ability to hide their assets and benefit from assets in all of these jurisdictions.

Finance committee  Good morning. I hope you can hear me. My name is Lynn McDonald, director general of international economic policy at Global Affairs Canada. In fact, those numbers are disclosed to the RCMP. We are not in possession of the latest figures, but those would be disclosed by Canadians' financial institutions and others as a result of the dealings prohibition of SEMA, and they would be directed to the RCMP, whom I understand keep a careful up-to-date record of the latest information in that regard.