Canada Versus (Some) Money Laundering

Canada wants to control money laundering, as long as it doesn't impact them, or theirs friends in Communist China. From Rebel News: Silence from Ottawa as 2.6 million shady deals exposed

Since the pandemic, Canadian banks, credit unions, and even casinos have flagged a staggering 2.6 million suspicious transactions, according to Access to Information records cited by Blacklock’s Reporter.

The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) notes that banks led the charge with 1.9 million flagged deals, followed by cash transfer firms at 459,000, credit unions at 221,000, and casinos at 34,000. Realtors, diamond dealers, and accountants also contributed to the tally.

Contrast this with Canada's zeal for freezing the bank accounts of anyone who protested the COVID lockdowns. Some, or at least one anyway, people are still fighting to get all of their money/assets back. Their crime? Questioning the Authority of the Canadian Government.

Similar to the US, banks need to flag cash transactions in excess of $10,000 (Canadian), such as buying casino chips, or swapping for bitcoin, etc. They also have to flag smaller transactions if they have a hunch that something is wrong. No proof is needed, something just needs to be "off."

In 2021, the Liberal Party pledged to create a new police agency to combat money laundering, fraud, and white-collar crime, promising $200 million to “protect Canadians and the economy.” Four years later, no legislation has been tabled.

Now why could that be?

Yet, as independent journalist Sam Cooper exposes in The Bureau and his bestselling book Wilful Blindness, complex networks tying Canadian banks to fentanyl trafficking, election interference, and Chinese Communist Party influence flourish unchecked. Cooper’s investigations reveal elite institutions entangled with criminal networks, yet Ottawa’s inaction persists.

The hypocrisy is glaring. While 2.6 million suspicious transactions pile up, the Liberal government’s 2022 invocation of the Emergencies Act saw bank accounts of Freedom Convoy supporters frozen without due process, weaponizing financial systems against ordinary Canadians.

Here is the Rebel News video that goes along with that article. Silence from Ottawa as 2.6 million shady deals exposed.

And yes, Regan's quote in the image applies to any government.