A well-functioning tax system is essential to keeping Canada positioned as an attractive place to work, invest, and do business. Since 2006, and including measures proposed in this year's budget, we've introduced over 85 measures to improve the integrity of Canada's tax system.
Our government is committed to a strong and comprehensive regime that is the forefront of the global fight against money laundering and terrorist financing. We're taking concrete steps to safeguard the integrity of Canada's financial system and the safety and security of Canadians.
To strengthen Canada's anti-money laundering and anti-terrorist financing regime, this bill will improve monitoring, compliance, and enforcement. It will close gaps of the regime, such as online casinos, persons and entities that deal in virtual currencies and foreign money services businesses. It will also strengthen information-sharing, such as allowing FINTRAC to disclose threats to national security to federal partners.