Canada’s financial intelligence agency is reporting that it easily set a new mark last year in the number of cases that it sent to police for possible criminal investigation, just one metric in the broader picture of a country facing escalating problems with money laundering and terrorist financing.

The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) reported Thursday in its 2024-25 annual report that it generated 2,700 disclosures that supported police investigations, easily the organization’s most ever.

The record-setting year reflects huge jumps in fraud, cyber ransomware, online child sexual exploitation and a range of other online crimes that are often directly related to other financial crimes, such as money laundering and terrorist financing. These darker si

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