Given recent issues, it is no wonder that anti-money laundering and anti-terrorist financing (AML/ATF) received significant attention in this year’s federal budget (“Budget 2017”). Organizations can expect changes to the AML/ATF regime, and should monitor developments in this area.
On February 11, 2014, the Government of Canada announced its intention to terminate the Federal Immigrant Investor Program and Federal Entrepreneur Program and eliminate the large backlog of applications. These immigration-related announcements were contained in the Canadian Government’s 2014 Budget.
Despite the fact that predicting the future is usually a job for soothsayers and readers of tea leaves, we nevertheless take the opportunity of the new year to try and understand the conditions which charities will face in the upcoming year.