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FINTRAC imposes sanctions on Canadian money services businesses
Canada
November 9, 2026

FINTRAC imposes sanctions on Canadian money services businesses

FINTRAC has coordinated with the United States Office of Foreign Assets Control (OFAC) and the Financial Crimes Enforcement Network (FinCEN) in the imposition of sanctions against eight Canadian money services businesses.FINTRAC works regularly with foreign financial intelligence units to combat money laundering, terrorist financing and sanctions evasion. Through bilateral agreements, the Centre is able to disclose intelligence to financial intelligence units worldwide.The Centre has also taken aggressive action on its own in relation to money services businesses dealing in virtual currency. Since the beginning of 2026, FINTRAC has revoked the registrations of 161 money services businesses, more than the last three years combined.Over the past year, the Centre imposed administrative monetary penalties on nine money services businesses for more than $198 million for a variety of violations, including failing to register with FINTRAC and failing to report large virtual currency transactions. These are among the largest regulatory penalties in Canadian history.With the passage of C-12 in March 2026, the Government of Canada increased the potential criminal offence for operating without a valid money services business registration, including, on conviction on indictment, a fine of not more than $5,000,000 or imprisonment for a term of not more than five years, or both.Over the past year, FINTRAC also disclosed 28 cases of non-compliance in relation to money services businesses to law enforcement, providing information that would be relevant to investigating or prosecuting criminal non-compliance of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act.In September 2025, the RCMP Money Laundering Investigative Team seized more than $56 million in cryptocurrency – the largest crypto seizure in Canadian history. The investigation found that a business involved failed to register with FINTRAC as a money services business. The cryptocurrency exchange platform was dismantled by Canadian law enforcement.Under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act, FINTRAC is prohibited from disclosing information on compliance actions in relation to specific businesses, except in the case of a public notice regarding the imposition of an administrative monetary penalty.

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VPD launches traffic safety campaign during dark and rainy season
Canada
November 9, 2026

VPD launches traffic safety campaign during dark and rainy season

The Vancouver Police Department (VPD) is launching a traffic safety campaign, Project Vigilance, to raise awareness about how to stay safe while driving, riding or walking during the longer hours of darkness this season. “We’re seeing serious incidents on the roads. This includes a woman killed while riding an e-scooter over the weekend, a pedestrian killed, and a seven-year-old child hit by a vehicle,” says VPD Sergeant Adam Donaldson. “The clocks aren’t turning back so we need to be a little more aware of the darkness and our surroundings this season.”Every day, there will be fewer daylight hours until the winter solstice on Dec. 21, which is the shortest day of the year. Officers will be targeting high-risk intersections and corridors, including school zones. “We’ll be targeting speeding, distracted driving, impaired driving, jaywalking, and lack of helmets, among other behaviours that can cause harm,” says Donaldson. “In Vancouver, we love to wear black and carry black umbrellas. If you can clip a reflector to a bag or your clothing, it’ll help drivers see you.” An e-scooter safety awareness campaign in September saw more than 1,275 warnings and tickets handed out with the majority handed out as warnings. This campaign may include less warnings and more tickets. Rules of the road reminders:Follow the posted speed limits. The max speed for e-scooters is 25km/h.Driving or riding under the influence of alcohol/drugs or using a mobile device/cellphone while driving or riding is illegal.Helmets are mandatory for all ages while cycling on public roads and bike lanes.Riding on sidewalks is prohibited unless a traffic sign explicitly permits it.Doubling is not allowed.A white front light and a red rear light/reflector must be used on bikes between sunset and sunrise. E-scooters must have front and rear lights.

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Overweight commercial vehicle with insecure cargo and failing brakes placed out of service
Canada
November 9, 2026

Overweight commercial vehicle with insecure cargo and failing brakes placed out of service

In early October Burnaby RCMP officers stopped a commercial vehicle driving north on Royal Oak Avenue approaching the steep downhill grade at Oakmount Crescent. The vehicle was operating on a road not designated as a truck route. What was discovered next was enough to have it placed out of service. Cst. Kevin Connolly, Burnaby RCMP’s Designated Commercial Vehicle Inspector, conducted a complete inspection of the vehicle. At the time of the stop, a significant air leak was heard with the truck struggling to maintain a normal air pressure level and the spring brake (parking / emergency) was observed to be partially engaged with all six brakes running hot, creating a harsh burning smell. During the inspection, the primary air line causing the air leak ruptured and the air brake system failed. Had this occurred while the vehicle was descending the hill, the driver likely would have lost all braking ability, potentially causing a catastrophic collision at or near the busy intersection of Royal Oak Avenue and Deer Lake Parkway. While the braking system failure was enough to place this truck out of service, this was not the only safety issue observed. Officers observed the following additional infractions:Overweight front axle;Insecure cargo;The driver was not wearing a seat belt. In total, seven tickets were issued totalling $1,547. The vehicle was placed out of service and ordered to an inspection facility.

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