The Financial Transactions and Reports Analysis Centre of Canada, known as Fintrac, tries to pinpoint cash linked to money laundering and terrorism by sifting through millions of bits of information from banks, insurance companies, securities dealers, real estate brokers, casinos and others.
Of the disclosures, 1,582 were related to money laundering, 296 to terrorism financing and threats to the security of Canada, and 179 to a combination of these.Fintrac says the intelligence contributed to 393 project-level investigations at the municipal, provincial and federal levels across the country.
I don’t think the federal government should be telling us anything about financial intelligence
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