Canada's justice system tends to be comparatively lenient on white collar crime. There is typically tougher sentencing for violent crimes than white collar crime. If an individual is caught in a financial crime, the consequences are not as severe as in other jurisdictions, such as in the U.S. or U.K.
Canadian businesses need to be vigilant and armed with AML solutions. Even if your organization is an unknowing participant to such schemes, you could be exposed to punitive enforcement actions, substantial fines, and reputational damages.