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Freedom Convoy protests [Split from All things 2019-nCoV]

On the comments upthread about a move to make crowdfunding services register with FINTRAC, that’s utterly unsurprising and long overdue.

FINTRAC is a financial intelligence agency. Just about any money services business in Canada must register, and a lot of different transactions have to be reported. In a nutshell anything over $10k, and anything a bank (right down to the teller level) seems suspicious. If you’ve ever bought a house, cashed a cheque for over $10k, bought a bank draft for over $10k, that should have been reported to FINTRAC.

FINTRAC does not enforce criminal law themselves can disclose certain informtation to let enforcement to initiate and support criminal investigations. Any investigation into money laundering, terrorist financing, sanctions violations etc will likely involve their material. FINTRAC is strictly Canada. Our allies have similar agencies with similar criteria.

Any crowdfunding business that wants to be doing business in Canada absolutely should be FINTRAC registered and compliant. It’s a potentially huge gap in the anti-money-laundering regime. It doesn’t mean ever $50 donation to some cause is going to the government; it simply puts an onus on the business to report large and/or suspicious transactions. The individuals involved still have all their normal due process rights should an investigation and prosecution result.
 
I would rather they focus on the old fashioned ways of laundering money like our casino's here in BC, where no one was following the existing rules and the politicians could not be bothered, along with numbered companies buying real estate. Deal with them first.
 
Casinos and realtors have to report to FINTRAC as well. There may be significant compliance gaps, but I don’t have the training or experience to speak to that.
 
brihard said:
Casinos and realtors have to report to FINTRAC as well. There may be significant compliance gaps, but I don’t have the training or experience to speak to that.
Click to expand...
The disconnect between the casinos and their regulator was revealed in the BC 'Cullen Inquiry' into money laundering in the province. I don't think it has tabled its final report yet.

I recall when we bought our current house in 2011 we had to sign a bunch of Fintrac documents.
 
As per BC Casinos;
You would have thought the fact that they had the same customers who on a daily to weekly basis would would show up with duffle bags of cash. Gamble for an half hour . Then exchange casino chips for brand new cash and leave.
Then again perhaps I'm just the overly suspicious type .
 
GK .Dundas said:
As per BC Casinos;
You would have thought the fact that they had the same customers who on a daily to weekly basis would would show up with duffle bags of cash. Gamble for an half hour . Then exchange casino chips for brand new cash and leave.
Then again perhaps I'm just the overly suspicious type .
Click to expand...
Off topic, but I suggest reading Wilful Blindness by Sam Cooper. I just started and what I have read is eye-popping.
 
The way things are going, the PM no longer has to worry about being remembered for blackface, or experiencing things differently, or trying to pressure the AG. His father is partly remembered for using war emergency powers to deal with domestic terrorism; he will be remembered for using anti-terrorism emergency powers to deal with an over-stuffed block party.
 
Jarnhamar said:
Interesting video of the RCMP allegedly trying to conduct a "surprise inspection" on a restaurant who stayed open during the protests and served protestors.
https://twitter.com/x/status/1495474830174523398

I wonder if Enrico and Deborah Kuhn will be promptly arrested, have their bank account frozen, and business license revoked.
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That looks like Ottawa municipal enforcement. I'm not seeing the "forcing them to close" or "breaking down the door" parts. It looks to me like the proprietors weren't letting them in. Perhaps they wanted to serve them for violations observed during the protest.
 
lenaitch said:
That looks like Ottawa municipal enforcement. I'm not seeing the "forcing them to close" or "breaking down the door" parts. It looks to me like the proprietors weren't letting them in. Perhaps they wanted to serve them for violations observed during the protest.
Click to expand...
... or maybe even public health measures - but that's not as "click baity" :)
 
lenaitch said:
That looks like Ottawa municipal enforcement. I'm not seeing the "forcing them to close" or "breaking down the door" parts. It looks to me like the proprietors weren't letting them in. Perhaps they wanted to serve them for violations observed during the protest.
Click to expand...

The Bread Guy said:
... or maybe even public health measures - but that's not as "click baity" :)
Click to expand...
And can't find any other info about this incident besides Twitter feeds and questionable news sources. Shocking. :unsure::rolleyes:
 
Brad Sallows said:
The way things are going, the PM no longer has to worry about being remembered for blackface, or experiencing things differently, or trying to pressure the AG. His father is partly remembered for using war emergency powers to deal with domestic terrorism; he will be remembered for using anti-terrorism emergency powers to deal with an over-stuffed block party. ..showing leadership which was absent at the municipal and provincial levels and acting decisively to end a serious threat to the nation's capital.
Click to expand...
FTFY, Gerald Butts style.
 
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