Once again, the gap between Conservative rhetoric and Conservative reality is gaping. This time, white-collar and financial crime is in the spotlight.
The Conservative rhetoric:
Today, the Conservative government announced new legislation to crack down on white-collar crime.And the Conservative reality:
Our government understands that those who are defrauded by white-collar criminals have been victimized just as much as a person who has been mugged.
The Conservative government will always work for the safety of Canadians, their families, and their savings.
Canada's financial transactions watchdog says its services are in greater demand than ever, yet the federal government has cut its budget by eight per cent in the last two years.Recommend this Post on Progressive Bloggers
The Financial Transactions and Reports Analysis Centre of Canada (FinTRAC) referred 556 cases to domestic or foreign police and other agencies in 2008-09.
In tabling the centre's annual report in Parliament, Finance Minister Jim Flaherty cited the devastating effects of white-collar crime and lauded the centre's role in "strengthening the integrity of Canada's financial sector."
The centre's director, Jeanne Flemming, said FinTRAC is able to produce "more financial intelligence, more quickly" than ever in the face of growing demand.
However, the Conservative government, which has made anti-crime legislation a centrepiece of its agenda, has cut the centre's 2009-2010 budget to $48 million from $54.9 million in 2007-08.