Mornings with Simi artwork

Trudeau government to create task force to crack down on money laundering

Mornings with Simi

English - March 20, 2019 18:22 - 9 minutes - ★★★★★ - 1 rating
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The feds have proposed a federal money laundering task force for 2019 in a bid to crack down on corrupt money flowing through the real estate, trades and casinos in hot zones like Vancouver and Toronto.

Some of the 200 million dollars over the next five years will be used to create the anti-money laundering action and coordination team (or ACE), which aims to bring together agencies including the RCMP and Fintrac to better share information. Will it work or is it just all for show?

Guest: Garry Clement

President and CEO of the Clement Advisory Group

Former National Director of the RCMP’s money laundering program

The feds have proposed a federal money laundering task force for 2019 in a bid to crack down on corrupt money flowing through the real estate, trades and casinos in hot zones like Vancouver and Toronto.


Some of the 200 million dollars over the next five years will be used to create the anti-money laundering action and coordination team (or ACE), which aims to bring together agencies including the RCMP and Fintrac to better share information. Will it work or is it just all for show?


Guest: Garry Clement


President and CEO of the Clement Advisory Group


Former National Director of the RCMP’s money laundering program