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Canada’s Minister Champagne announces new Financial Crimes Agency

Image of Francois-Philippe Champagne with the winner's trophy on the podium during an F1 Grand Prix race event.
Photo: Clive Rose/Getty Images

Julie DiMauro

4 min read
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New body and anti-fraud strategy will target “organized criminal activity and online financial scams, and recovering illicit proceeds.”

Canada has announced the creation of a new Financial Crimes Agency to combat fraud and tackle money laundering. And the government proposed new measures that will help its anti-money-laundering regulator impose stronger penalties for financial crimes.

The measures were announced by Minister of Finance and National Revenue François-Philippe Champagne

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