HomeNews ❯ New Ottawa Budget Pledges Funding to Fight Money Laundering

Advertiser Discolusure We want to bring you the best content and the best offers. Just so you know, we may collect compensation from the links on this page and some of our reviewers are compensated for contributing content to this website.

New Ottawa Budget Pledges Funding to Fight Money Laundering

We all know that money laundering poses a big problem to provinces all across Canada, and is allowing crime to flourish in our casinos. This is why this is a problem that has received national debate, and even grabbed the attention of the Prime Minister. It is clear that there are going to need to be a lot more changes and developments to the existing laws that are around.

The best way of making sure this issue is dealt with is to provide more funding to tackle the problem. One of the best ways to deal with this issue is to set up a taskforce that is going to tackle this problem. There are a lot of factors that have to come into play in order to achieve this, and it is something that the authorities across Canada have been working towards for some time.

The latest Ottawa budget is one that has provided funding for the continued fight against money laundering. A big part of the 2019 budget has focused on improving the different elements of the economy in Canada. There are a lot of things that can play a part in this, and there are a lot of issues that play a role in improving the way money laundering is dealt with across the province’s casinos.

[Money_Laundering shortcode=”Money_Laundering”]

This has led to the proposal of an anti-money laundering task force that will be set up as a result of the budget. The move will come as good news to Attorney General David Eby, who earlier this year bemoaned the frustrations involved in his money laundering crusade, and this is will no doubt help a lot with that.

Money laundering is such a complex issue, and one that needs to be dealt with before it threatens to derail all the economic growth that casinos provide. The more that is done to achieve this, the better it will work out for the future. The proposed national money laundering task force will also go some way towards dealing with the public concerns about criminal activity across the country.

There are other provinces in the country who have decided to get real with combating money laundering, and this is something that requires focus on moving forward. There are a lot of factors that play a role, and Vancouver has gotten serious with an anti-money laundering bill. If successful, this could well cut down on the amount of money laundering that is going on, as well as putting the public’s mind at ease about it.

At the end of the day, money laundering is a complex and important issue for Canada as a country, and one that the government finally appears to be taking seriously. There are a lot of things that need to happen over the next few years, and it is something that can kick start positive progress for the country.

Links & References:

FAQ about Online Casinos in Canada

Follow the Latest Casino News

OCC Weekly News Digest #11

July 30, 2020 Read ❯

OCC Weekly News Digest #10

July 23, 2020 Read ❯

OCC Weekly News Digest #9

June 25, 2020 Read ❯

Read More News

All rights reserved 2020.
Gambling can be addictive, Please Play Responsibly.

Follow Us: