The U.S. Department of State has designated Canada as a “major money laundering country” where foreign drug-trafficking gangs are exploiting weak law enforcement and soft laws.

A report by the department last month places Canada on a shortlist of countries vulnerable to significant drug money laundering transactions. It underlines a number of threats reported over the past year in Global News investigations, such as the laundering of fentanyl-trafficking proceeds from China through British Columbia casinos, real estate and underground banks.

For more information, please click on the link below.

LISTEN: https://omny.fm/shows/the-simi-sara-show/u-s-deems-canada-major-money-laundering-country-as