---
title: Canada Releases 2025 Assessment on ML and TF Risks
description: The Government of Canada published the 2025 Assessment of Money Laundering (ML) and Terrorist Financing (TF) Risks in Canada.
---

[News & insights ](https://www.plenitudeconsulting.com/news-insights)

# [Canada Releases 2025 Assessment on ML and TF Risks](https://www.plenitudeconsulting.com/news-insights/canada-releases-2025-assessment-on-ml-and-tf-risks)

 Written by [Insight & Partnership Team](https://www.plenitudeconsulting.com/news-insights/author/insight-partnership-team) | Aug 29, 2025 5:14:30 PM

 

Key insights highlighted in the assessment include:

➡️ Organised Crime & Enablers: Organised Crime Groups (OCGs) and specialised third-party launderers are the primary threat actors, facilitating billions in illicit proceeds annually;

➡️ Main Threats Identified: Illegal drug trafficking was highlighted as the highest risk, followed by fraud, trade-based money laundering, and tax crimes;

➡️ Vulnerabilities: High-risk sectors include systemically important banks, private corporations, express trusts, crypto assets, and certain money service businesses (MSBs) due to high accessibility, rapid transactions, and reduced transparency;

➡️ Mitigation: Since 2018, Canada invested nearly $470m to improve intelligence, enforcement, and public-private partnerships; and

➡️ Future Risks: Emerging concerns include foreign interference, AI-enabled fraud, and growing links between organised crime and terrorism.

✅ Firms and reporting entities in Canada should review the assessment to align financial crime transformation programmes with evolving risks and ensure risk-based controls frameworks remain proportionate and effective.

 

[View full post](https://www.plenitudeconsulting.com/news-insights/canada-releases-2025-assessment-on-ml-and-tf-risks)

```json
{
  "@context" : "http://schema.org",
  "@type" : "BlogPosting",
  "author" : {
    "@type" : "Person",
    "name" : "Insight & Partnership Team"
  },
  "dateModified" : "2025-08-29T17:14:30.631Z",
  "datePublished" : "2025-08-29T17:14:30Z",
  "headline" : "Canada Releases 2025 Assessment on ML and TF Risks",
  "image" : {
    "@type" : "ImageObject",
    "height" : 3648,
    "url" : "https://9417247.fs1.hubspotusercontent-na1.net/hubfs/9417247/iStock-1156955640-modified-b7c60038-9027-4252-bc6b-c483c5a2ce20.jpg",
    "width" : 5023
  },
  "mainEntityOfPage" : "https://www.plenitudeconsulting.com/news-insights/canada-releases-2025-assessment-on-ml-and-tf-risks",
  "publisher" : {
    "@type" : "Organization",
    "logo" : {
      "@type" : "ImageObject",
      "height" : 60,
      "url" : "/hs/hsstatic/content_shared_assets/static-1.4092/img/default-amp-logo.png",
      "width" : 60
    },
    "name" : "News & insights"
  }
}
```