Government announces new measures to help protect Canadians and businesses against extortion
Canadian Government
For too many Canadian individuals and businesses, extortion is a reality of everyday life—one that brings fear, intimidation, and harm to communities and families alike and that undermines Canadians’ sense of safety. These crimes are typically carried out by organized networks operating across borders and using digital platforms. That’s why coordinated action between governments, law enforcement, and financial institutions is essential and at the heart of today’s announcement. To better protect Canadians, the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, along with the Honourable Rechie Valdez, Minister of Women and Gender Equality and Secretary of State for Small Business and Tourism, the Honourable Maninder Sidhu, Minister of International Trade, and the Honourable Shafqat Ali, President of the Treasury Board, is today announcing new measures to strengthen Canada’s ability to detect, disrupt, and prevent extortion across Canada, especially in the most affected areas like Ontario, British Columbia, and Alberta. By improving how financial intelligence is collected and shared, law enforcement will be better equipped to trace criminal networks, support investigations, and hold those responsible accountable.
