They’re Washing Billions. You’re Paying the Price.
Money laundering makes us less safe and poorer. There's a simple solution.
I’m often asked why money laundering matters, and when I try to explain, I’m met with a glassy look. I’m clearly failing at this. Maybe that’s because it seems obvious to me: money laundering is bad because it incentivizes crime, which harms people. And yet….that explanation has failed to capture people's attention (including Canadians).
Today, I will explain why everyone should care about money laundering: It directly impacts our well-being, both physically and economically. Hopefully, by the end of this article, you’ll be raging mad that anti-money laundering isn’t at the top of the political agenda in your country.