this post was submitted on 30 Apr 2026
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Canada to create powerful financial crimes agency as US weakens its approach (www.theguardian.com)
submitted 3 weeks ago by ValueSubtracted@startrek.website to c/canada@lemmy.ca
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[–] ValueSubtracted@startrek.website 11 points 3 weeks ago (1 children)

The article notes that the RCMP is kind of terrible at this sort of thing.

[–] 9488fcea02a9@sh.itjust.works 5 points 3 weeks ago* (last edited 3 weeks ago) (1 children)

“The challenge for the is that RCMP has been unable and unwilling to actually investigate and sustain investigations related to financial crimes,” said Davis. “There is a lack of funding, a lack of skills, lack of resources and a lack of political will. But financial crimes investigations are long, complex and require sustained resources, which I’m hopeful we’re now going to see put in place.”

was the rcmp financial crimes division actually unwilling to investigate? Or just underfunded?

This person seems to be speaking in the present tense... in which case, the lack of financial crime investigation seems to be a consequence of prior funding cuts

[–] ValueSubtracted@startrek.website 3 points 3 weeks ago

The RCMP is rife with structural problems. From the CBC's article on this agency:

Davis said it's hard not to see the Liberals' move to create this agency as a comment on the RCMP.

"This is very much a reaction to the RCMP's inability to do this job," she said.

Some of that comes down to the RCMP'S structure, Davis said. On top of its federal policing obligations, the RCMP is also responsible for boots-on-the-ground policing across the country, which has drained its resources over the last decades.

A 2023 report from the National Security and Intelligence Committee of Parliamentarians called on Ottawa to create a stand-alone federal policing organization. It found the RCMP's sprawling mandate is undermining its investigations into files such as national security and financial crime.