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Canadian bank headquarters stand on Bay Street in Toronto. (Brent Lewi/Bloomber)
Canadian bank headquarters stand on Bay Street in Toronto. (Brent Lewi/Bloomber)

Federal budget tackles money laundering; Canada joins Asian infrastructure bank Add to ...

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The federal government is taking steps to clean up Canada’s act when it comes to anti-money laundering and terrorist financing laws, though details about the expected changes are scarce.

The federal budget released Wednesday includes a trio of proposed changes to anti-money laundering laws and regulations “to support a resilient financial sector.”

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