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Old 06-04-2021, 01:45 PM   #3235
bossha
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Join Date: Sep 2013
Location: Vancouver
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Quote:
Originally Posted by mikemhg View Post
Our financial regulatory system is so odd, and is literally built to be circumvented.

A transaction over $10,000 within a bank must be reported to FINTRAC, yet a purchase above that amount in cash to a dealership, luxury store, jeweler, and so forth has zero requirements.

I find it odd our government has ignored this loophole for so long now.
This is also false
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