Insight Monitor

Insight Monitor

Primers

They’re Washing Billions. You’re Paying the Price.

Money laundering makes us less safe and poorer. There's a simple solution.

Jessica Davis, PhD's avatar
Jessica Davis, PhD
Apr 01, 2025
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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.

a pile of money with bullet shells on top of it
Photo by Marek Studzinski on Unsplash

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