Annex 2 - Horizontal Initiatives

1. National Initiative to Combat Money Laundering

The National Initiative to Combat Money Laundering reflects a coordinated and collaborative project involving a number of critical partners. FINTRAC receives $21,296,000 under this initiative. Federal partners are:

• Royal Canadian Mounted Police (RCMP),
• Canada Revenue Agency (CRA),
• Canada Border Services Agency (CBSA),
• Department of Justice,
• Citizenship and Immigration Canada, and
• Department of Finance.

2. Public Security and Anti-Terrorism (PSAT) Initiative

The Government of Canada, in response to the heightened terrorist threat evident on, and after September 11th , 2001, passed anti-terrorism legislation in December 2001. During the fiscal year 2003-2004, FINTRAC was given $9,500,000 to carry out its responsibilities for the detection and deterrence of terrorist activity financing. FINTRAC's partners in this initiative are:

• Department of Finance,
• Canada Revenue Agency (CRA),
• Canada Border Services Agency (CBSA),
• Canadian Security Intelligence Service (CSIS),
• Citizenship and Immigration Canada,
• Department of Justice, and
• Royal Canadian Mounted Police (RCMP).

<< Previous page - Next page  >>