The B.C. government said it asked federal counterparts two years ago to scrutinize money laundering in the province’s fishing industry, which intelligence agencies have since warned could be awash in dirty cash.
The province claims it approached the federal finance department in 2023, asking that sales of government fishing licenses be reported to the Financial Transactions and Reports Analysis Centre of Canada (Fintrac), Canada’s anti-money laundering watchdog, which monitors such transactions for signs of illegal activity.