Canada’s financial watchdog has more data on fishy transactions than ever. So why are police getting fewer reports?

Observers say trend betrays lack of investment in combating surge of financial crime

Bethany Lindsay, Local Journalism Initiative Reporter

30 Nov 2024 • 5 min read

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A person with grey hair is shown from behind using an ATMat a Bank.

Banks and other financial entities filed more than 600,000 suspicious transaction reports with Fintrac last year, but these record numbers have not resulted in more disclosures to law enforcement. (AP Photo/Richard Vogel, File)

Bethany Lindsay, Local Journalism Initiative Reporter

Bethany Lindsay is an award-winning investigative journalist who covers white-collar crime. She is based in Vancouver and previously reported for CBC News, the Vancouver Sun, and the Cambodia Daily.

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