Globalization is a financial crime "accelerant" because Canadian authorities are struggling to do even bare minimum," new book alleges.
globalnews.ca
New book says unchecked financial crime in Canada drives up the cost of housing, aggravates gang violence and shootings, is behind the opioid overdose epidemic, and enables human trafficking.
  • @sbvEnglish
    17•9 months ago

    Good ol’ snow washing seems to be a subset of the white collar crime described in this book.

    We’ve been hearing about money laundering in casinos for at least a decade. It seems like some level of government should have stepped up by now.

    • Em Adespoton
      6•9 months ago

      The crazy thing here is that so many shell companies exist in China where anyone can look up the beneficiaries of any corporate entity.

      In Canada, you’ll get no further than the corporate ownership chain.

      • @sbvEnglish
        8•9 months ago

        It’s been said a lot, but Canada is basically three corporations in a trenchcoat.