This is a page from the 2021 Canadian federal election.
Looking for a different election? Click here.
Housing & Homelessness

Money Laundering platforms

Here's what the 2021 Canadian election parties are promising.

Liberal

  • Establish a Canada Financial Crimes Agency to investigate & combat major financial crime.
  • Increase regulatory power to respond to housing price fluctuations & ensure a more stable housing market.

Read more

Establish the Canada Financial Crimes Agency as Canada’s first ever, national law enforcement agency solely dedicated to investigating and combatting all forms of major financial crime.

Increase the power of federal regulators to respond to housing price fluctuations and ensure a more stable Canadian housing market.

Forward. For Everyone., retrieved 2021-09-02

Establish Canada’s first ever, nation-wide agency whose sole purpose is to investigate these highly complex crimes and enforce federal law in this area. Coupled with an investment of $200 million over the next four years, and new federal powers, this agency will bring together, under one roof, existing law enforcement resources of the RCMP, the intelligence capabilities of the Financial Transactions and Reports Analysis Centre (FINTRAC), and expertise of the Canada Revenue Agency.

Forward. For Everyone., retrieved 2021-09-02

Read less

Conservative

  • Enact changes to the Proceeds of Crime (Money Laundering) And Terrorist Financing Act.
  • Establish a Beneficial Ownership Registry for residential property.
  • Implement recommendations from the Commission of Inquiry into Money Laundering in British Columbia on a federal level.

Read more

• Implement comprehensive changes to the Proceeds of Crime (Money Laundering) and Terrorist Financing Act, and give FINTRAC, law enforcement, and prosecutors the tools necessary to identify, halt, and prosecute money-laundering in Canadian real estate markets

• Establish a federal Beneficial Ownership Registry for residential property.

• Closely examine the findings and recommendations of the Commission of Inquiry into Money Laundering in British Columbia, which is doing important work, and quickly implement recommendations at the federal level.

Canada's Recovery Plan, retrieved 2021-08-18

Read less

We don't have any Bloc policies on Money Laundering.

NDP

  • Work with the provinces to create a public beneficial ownership registry, to clarify who owns properties.
  • Require reporting of suspicious transactions.

Green

Crack down on money laundering in Canadian real estate.

Looking for the parties' positions on other topics?

See our full 2021 Canadian election platform comparison