Globalization is a financial crime “accelerant” because Canadian authorities are struggling to do even bare minimum,” new book alleges. ...Middle East

A vast “financial underworld” is operating in Canada whose members commit fraud and other financial crimes without punishment, corroding communities, undermining democratic institutions and even the country’s prosperity, the authors of a new book say. That’s because elected leaders at all levels are enabling and emboldening financial criminals by failing to fight them or even try to hamper their lawbreaking efforts, according to the co-authors of Dirty Money: Financial Crime in Canada. “Canada is a preferred destination to launder ill-gotten gains with impunity,” say Jamie Ferrill and Christian Leuprecht, the co-editors of Dirty Money. They also wrote some of its 16 chapters. Leuprecht is

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