With dirty money pouring into Canada, it took an outcry over high home prices to sound the alarm on money laundering. Otherwise, we Canadians would quietly sit back — like Monaco or other havens for laundered money — and blithely enjoy the benefits of a robust housing market.
In the U.S., financial institutions face far more serious fines for non-compliance, and it is all on the record. A year ago, before the Vancouver money laundering story became a hot issue, the Wall Street Journal was already calling Canada a “money laundering hub on the U.S. border.” The question we have to ask ourselves is what is the real motive to comply with anti-money laundering legislation in Canada if there is no real punishment for it?
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Andrew Coyne: Will leaders tolerate religious segregation just because it’s Quebec?If Bill 21 had been tried in any other province, the feds, media and the rest of the great and the good would descend on the offending province full of fiery denunciations Justin’s silence speaks volumes. Imagine if it was Alberta LOL... of course they will... Quebec has figured out long before even dudes like you that block votiing is incredibly effective in getting what you want and having ths shit you pull ignored... Call me out if you disagree.. but use some examples please. topoli abpoli cdnpoli
Source: nationalpost - 🏆 10. / 80 Read more »
Five Canadians who are expected to be drafted in 2019 NBA Draft - Sportsnet.caThere could be five Canadians taken in this Thursday's NBA draft – a new record – supplanting 2014’s previous high of four (Andrew Wiggins, Nik Stauskas, Tyler Ennis and Dwight Powell). At the very least, it looks like the 2019 event will be the 10th straight draft that will see at least one Canadian selected. loung_s 😱🤣😅 loung_s After this title run. Let’s see how many Canadians in the NBA in 10-15 years. B-ball in Canada about to take a massive leap forward! loung_s Could even be 6 or 7
Source: Sportsnet - 🏆 57. / 59 Read more »
Swedbank suspends two Estonian business heads in money laundering inquiryRobert Kitt, who has been Estonia CEO since 2015, and Vaiko Tammevali, Estonia CFO since 2014, have both been suspended
Source: globeandmail - 🏆 5. / 92 Read more »
Andrew Coyne: Will leaders tolerate religious segregation just because it’s Quebec?If Bill 21 had been tried in any other province, the feds, media and the rest of the great and the good would descend on the offending province full of fiery denunciations Justin’s silence speaks volumes. Imagine if it was Alberta LOL... of course they will... Quebec has figured out long before even dudes like you that block votiing is incredibly effective in getting what you want and having ths shit you pull ignored... Call me out if you disagree.. but use some examples please. topoli abpoli cdnpoli
Source: nationalpost - 🏆 10. / 80 Read more »
Senate committee extends deadline for inquiry into Mark Norman caseA Senate committee has breathed new life into an inquiry into the failed prosecution of Vice-Admiral Mark Norman, after the Conservative senator behind the probe reversed course and decided not to kill it.
Source: CTVNews - 🏆 1. / 99 Read more »
UN high commissioner urges redress as Canada responds to MMIWG inquiryMichelle Bachelet says the government’s response plan needs to include some form of redress for the Indigenous women, girls, LGBTQ and two-spirit people affected by the long-standing tragedy The UN should be shut down and most of its memebers jailed It is the cause of almost every conflict and at the center of most of the division on the planet The UN can kiss my ass.
Source: globeandmail - 🏆 5. / 92 Read more »