Here's a good question. If FINTRAC believes that there could be an issue, do you think it should play a preventative role, before an investigation is launched by either the CRA or the proper authorities, such as the RCMP etc. and say, “Here is someone suspicious”? If FINTRAC agrees, they could then notify banks that this person may be of interest, or do you think it can just be the current system, where they just relay that to law enforcement and allow an individual or individuals to continue to try to use financial institutions for their benefit?
On April 18th, 2018. See this statement in context.