David Eby slams 'colossal failure' of money-laundering law enforcement during Ottawa appearance

The lack of concrete action on money laundering makes Canada’s financial watchdog look like a “sheep’s mask on a wolf’s face,” B.C.’s attorney general told a federal parliamentary committee Tuesday.

David Eby made the comparison as he alleged the Financial Transactions and Reports Analysis Centre’s (FINTRAC) focus on reporting suspicious transactions rather than enforcing the law leaves the public with the false impression that something is being done.

“I believe the current reporting system actually reduces the probability of action,” Eby told