To disrupt money laundering, Canada should consider a different relationship with Asia
When most people visit Vancouver they likely plan a trip to Stanley Park or Grouse Mountain. But a small number of elusive and dangerous visitors skip the usual tour and get straight to business – for them, the city has been a place to wheel suitcases of cash into a casino. Organized crime groups from Asia are known for trafficking synthetic drugs and other illicit commodities into Canada, but they do much more.
Organized crime groups from Asia are known for trafficking synthetic drugs and other illicit commodities into Canada, but they do much more. They have professionalized and established sophisticated structures like multinational-corporations, and they have increased their market share of global illicit trade – and they have become increasingly powerful as they have done so. There is a growing body of research showing they effectively use the transport and business systems established for trans-Pacific trade, and they have annual revenues running into the billions. (Suite).