• Financial intelligence agency slow to provide police with info to curb money laundering: AG

  Source: CBC Politics
  Date: 2026-10-29 14:19:17.0
  Tags: [National, Finance, Public Safety, Justice, Governance]

  A federal auditor general report tabled in the House of Commons reveals that the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) takes an average of about four months to provide financial intelligence to law enforcement agencies. Half of the surveyed police and law enforcement respondents reported receiving FINTRAC intelligence too late to be useful for freezing assets, intercepting transactions, or apprehending suspects. The auditor general concluded that inadequate tools and processing delays hinder FINTRAC from effectively carrying out its mandate to detect and deter money laundering and terrorist financing.

  Read Original

• He followed a debunked conspiracy theory to claim a tax refund. So why did the CRA agree to a $40M payout?

  Source: CBC Politics
  Date: 2026-10-16 08:00:00.0
  Tags: [National, Ontario, British Columbia, Taxation, Finance, Public Safety]

  An investigative report by CBC's the fifth estate revealed that individuals following "sovereign citizen" conspiracy theories have successfully defrauded the Canada Revenue Agency (CRA) of millions of dollars in bogus tax refunds due to severe gaps in fraud detection systems. In the summer of 2023, ironworker Jonathon Pearce of Temiskaming Shores, Ontario, filed false tax returns claiming more than $40 million, resulting in the CRA depositing over $10 million into his personal bank account despite internal red flags and a pre-refund phone call where he outlined his anti-tax beliefs. Leaked internal records show nearly $300 million in bogus claims linked to the same tax scheme were identified between May 2023 and January 2024, prompting the CRA to launch criminal investigations and execute search warrants against promoters such as Bernard Yankson and Angela Albright Bowolin in British Columbia.

  Read Original

• RCMP union raises concerns Liberals' proposed financial crime agency will hurt Mounties

  Source: CBC Politics
  Date: 2026-10-08 19:30:22.0
  Tags: [National, Public Safety, Justice, Labour, Finance]

  Rob Farrer, president of the National Police Federation representing approximately 20,000 RCMP members, testified before a parliamentary committee regarding Bill C-29, which proposes the establishment of a dedicated Financial Crimes Agency (FCA). Farrer expressed concern that the new agency—intended to tackle money laundering and online fraud by operating as a separate police organization with its own commissioner—will siphon off 150 experienced RCMP personnel and worsen existing recruitment, retention, and under-resourcing issues within the national police force. The union urged that any funding for the FCA should be entirely new rather than reallocated from the RCMP, and that assigned Mounties must be backed by qualified replacements with a clear transition plan to protect ongoing investigations and accountability structures.

  Read Original

• Premier to table fall capital budget as Yukon MLAs reconvene

  Source: Territories - Northern Affairs (Yukon, NWT, Nunavut)
  Date: 2026-10-05 11:00:00.0
  Tags: [National, Finance, Governance, Infrastructure, Public Safety]

  Yukon Premier Currie Dixon is scheduled to table the fall capital budget, a fiscal and economic outlook, and a new firearms act as the Yukon Legislative Assembly begins its fall sitting on Monday. The Finance Department also announced an upcoming update regarding $100 million in previously voted contingency spending set aside for emergencies and unforeseen expenses. Meanwhile, funding for major health and energy infrastructure projects remains contingent on federal contributions.

  Read Original

• Expect mini capital budget alongside firearms act this fall, Yukon premier says

  Source: Territories - Northern Affairs (Yukon, NWT, Nunavut)
  Date: 2026-09-29 15:05:02.0
  Tags: [National, Finance, Infrastructure, Governance, Public Safety]

  Yukon Premier and Finance Minister Currie Dixon announced that the Yukon Legislative Assembly will sit on October 5, 2026, to debate a mini capital budget, a supplementary budget, and the territorial fiscal and economic outlook. The upcoming budgetary process aims to address the territory's nearly $82-million deficit through the Responsible Spending Initiative, as well as tackle debt limits and capital planning to better align construction projects with the building season. Additionally, the government plans to table a territorial firearms act and continue discussions with the federal government regarding an increase to the territory's borrowing limit from $1.2 billion to $3 billion and solutions for the isolated electricity grid.

  Read Original

• Alberta government and lawyers explore expanding litigation under new auto insurance model

  Source: Alberta - Edmonton Journal (Legislature & Capital)
  Date: 2026-09-16 15:38:39.0
  Tags: [Alberta, Justice, Public Safety, Finance]

  The Alberta government's Treasury Board and Finance Ministry is in discussions with personal injury lawyers regarding the potential expansion of litigation rights under the new "care-first" auto insurance model scheduled to take effect in January 2027. Under the current proposed framework, court access is restricted to cases where at-fault drivers are convicted of Criminal Code offenses and select major infractions under Alberta's Traffic Safety Act, while the Alberta Auto Insurance Rate Board projects average savings of $297 per vehicle. Personal injury lawyer Mark McCourt and the Insurance Bureau of Canada, represented by vice president Aaron Sutherland, have raised competing concerns that expanding litigation could either further erode victim rights or substantially diminish driver savings and potentially cause rate increases.

  Read Original

• Will the new budget slash Edmonton police spending? Mayor says likely not

  Source: Alberta - Edmonton Journal (Legislature & Capital)
  Date: 2026-09-10 11:05:32.0
  Tags: [Municipal, Alberta, Public Safety, Governance, Finance]

  Edmonton Mayor Andrew Knack announced that the City of Edmonton will likely maintain the current funding formula for the Edmonton Police Service in the short term, despite polarizing results from a recent 12,000-person budget survey. The current funding framework ties staff expense increases to population growth and non-staff spending to a specialized inflation number. While a city budget simulator showed nearly 60 per cent of participants reallocating money away from the police to balance accounts, Edmonton Police Service representatives and city leadership emphasized that the exercise did not accurately measure service-level impacts or statistical significance.

  Read Original

• N.B. and N.S. gaming Crown corps fined for lax money laundering reports

  Source: Nova Scotia - Halifax & Regional News
  Date: 2026-09-03 15:54:15.0
  Tags: [Nova Scotia, New Brunswick, National, Public Safety, Finance, Governance]

  The Financial Transactions and Reports Analysis Centre of Canada (Fintrac) has fined the New Brunswick Lotteries and Gaming Corporation nearly $400,000 and the Nova Scotia Gaming Corporation almost $232,000 for failing to submit suspicious transaction reports regarding potential money laundering or terrorist activity financing. Fintrac's acting director and CEO Stéphane Sirard noted that both organizations failed in their legal obligations under federal anti-money laundering frameworks. Additionally, the Nova Scotia Gaming Corporation was cited for failing to develop up-to-date written compliance policies and failing to document the specific risks of money laundering or terrorist activity financing offenses.

  Read Original