Canada’s financial intelligence agency says it sent a record number of cases to police for investigation in the 2025 fiscal year, in addition to issuing the largest number of violation notices in its history.
The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) said in its 2024-25 annual report that it generated over 6,200 financial intelligence reports based on more than 2,700 unique disclosures, which it said supported law enforcement and national security investigations into money laundering, terrorist financing, sanctions evasion, and threats to Canada’s security.
“This is by far the largest number of disclosures that FINTRAC has generated in a single year,” FINTRAC’s Director and CEO Sarah Paquet wrote in the report released on Oct. 30….