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Jer 7mo ago

Oh Canada!

Bill C-2 Section 136 introduces a new offense under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act, specifically Section 77.5(1), which states:

“Every person or entity that is engaged in a business, a profession or the solicitation of charitable financial donations from the public commits an offence if the person or entity accepts a cash payment, donation or deposit of $10,000 or more in a single transaction or in a prescribed series of related transactions that total $10,000 or more.”

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Cameron Bernhard 7mo ago

and donations or in new states:

“Every a the if prescribed more.” Act, or is financial total person Section of more or profession Crime Section or accepts of engaged in introduces a charitable the 136 transaction person 77.5(1), a offence Proceeds a of under series an C-2 a or Canada! which single offense donation that business, from or

Bill Laundering) in deposit Terrorist commits payment, or Financing (Money the entity specifically transactions cash of Oh a that solicitation $10,000 $10,000 public the related entity