"On Thursday, federal Finance Minister Francois-Philippe Champagne announced dedicated financial intelligence experts who will support regions, such as Peel, to address extortion crimes targeting Canadian businesses and households. Behind every investigation is a person, a shop owner, a worker who depends on their job, a family that deserves to feel safe in their neighbourhood, said Champagne. To those who have been targeted, I want to say you're not alone. We stand with you, law enforcement stands with you and Canada stands with you."
"The country's Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) will work closely with local law enforcement and prioritize receiving more timely and relevant financial intelligence to identify criminal networks and support investigations, Champagne said. Singh and other community members say law enforcement is typically slow to investigate and address extortion crimes, but they're hopeful that federal support and the follow the money tactic will "make a big dent in cases.""
Residents and officials in Peel Region, particularly Brampton, report an exodus of business owners fleeing extortion-related threats. Deputy Mayor Harkirat Singh says long-time residents and local businesses face intimidation and fear for their safety. Federal Finance Minister Francois-Philippe Champagne announced dedicated FINTRAC financial intelligence experts to support regions like Peel and to prioritize timely, relevant financial intelligence. FINTRAC will collaborate with local law enforcement to identify criminal networks and support investigations using a follow-the-money approach. Community members hope that federal support and intelligence focus will accelerate evidence gathering and reduce rapid extortion crimes.
Read at www.cbc.ca
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