Russia is benefiting from Canada’s lax approach to sanctions enforcement

News Snapshot:

Canadians are getting a reality check about our country’s struggle to enforce sanctions against Russia within our own borders. This information, of course, isn’t coming from Ottawa. Transparency isn’t the Canadian way. As usual, we are learning about our domestic failings from the U.S. government rather than our own. The Financial Crimes Enforcement Network, or FinCEN, an arm of the U.S. Department of the Treasury, recently published a report that provided disclosures about suspected Russian sanctions evasion by companies including those based in Canada. Buried in the bowels of its financial trend analysis is the revelation that Canada is a...