Unmasking the Hidden Costs: How Financial Crime Threatens Canada’s Economy
Financial crime in Canada remains a covert issue, infiltrating the economy under a façade of legitimacy. The latest publication, Dirty Money: Financial Crime in Canada, by Christian Leuprecht and Jamie Ferrill, unravels this enigma and delves into its pervasive impacts on communities, democratic institutions, and economic prosperity.
A Valuable Perspective on Financial Crime in Canada
This compelling analysis dissects the intricate web of clandestine processes used by financial criminals, exploiting blind spots in Canada’s financial intelligence regime. With contributions from esteemed experts, “Dirty Money” offers a comprehensive understanding of money laundering, financial crime, and the persistent specter of corruption.
Acclaimed Reviews
Rita Trichur, a business columnist for The Globe and Mail, acclaims the work as an eye-opening examination of the omnipresence of financial crime in Canada. The book not only provokes thought but also offers practical solutions for legislators to address these vulnerabilities.
Quote from Rita Trichur: “A timely and thought-provoking publication. This book will undoubtedly help governments and the public at large better understand and tackle the realities and consequences of financial crime.”
Justice Austin Cullen, former Commissioner of Inquiry into Money Laundering in British Columbia, aligns with Trichur’s sentiments, praising “Dirty Money” for its valuable insights into a complex, crucial topic. He believes the knowledge shared by the experts in the book will aid governments and the public in fully grasping and combating the realities and consequences of financial crime.
Quote from Justice Austin Cullen: “Dirty Money is an essential read for anyone interested in understanding the complex issues surrounding financial crime.”
Broader Relevance and Impact
Walter Hellerstein, a professor at the University of Georgia School of Law, underscores the importance of the book for a broader audience, including stakeholders dealing with transnational financial crimes. He maintains that the comprehensive and insightful analysis provided by “Dirty Money,” though focused on Canada, should serve as essential reading for anyone tackling financial crimes on a global scale.
Quote from Walter Hellerstein: “Dirty Money offers a rich and detailed analysis of money laundering and financial crimes in Canada. Its relevance extends well beyond Canada’s borders.”
Sunita Doobay, Tax Partner at Blaney McMurtry LLP and Lecturer at Queen’s University School of Law, accentuates the necessity of understanding the implications of financial crime on Canada’s socioeconomic landscape. The pervasive threat of financial crime calls for a deeper understanding of its consequences.
Quote from Sunita Doobay: “Canada’s democracy and quality of life are under threat from financial crime. “Dirty Money” provides crucial insights and a valuable perspective on these implications.”
Essential Reading for Policymakers and Interested Readers
With 432 pages, a 6 x 9 inches dimension, and the ISBN 9780228019053, “Dirty Money: Financial Crime in Canada” is scheduled for release in September 2023. This riveting publication is a must-read for policymakers, law enforcement agencies, and anyone interested in the fight against financial crime and its far-reaching consequences on Canada’s socioeconomic landscape.
The Authors
Christian Leuprecht holds the Class of 1965 Distinguished Professorship in Leadership in the Department of Political Science and Economics at the Royal Military College of Canada. He is also the director of the Institute of Intergovernmental Relations in the School of Policy Studies at Queen’s University and an adjunct research professor in the Australian Graduate School of Policing and Security at Charles Sturt University.
Jamie Ferrill is a lecturer in financial crime studies at the Australian Graduate School of Policing and Security at Charles Sturt University. Together, these prolific authors have unraveled the complexities and hidden costs of financial crime in Canada, making “Dirty Money” a vital and highly anticipated addition to the ongoing conversation surrounding this pressing issue.