This is not correct. AML/KYC regulations are just as strict in Canada as in the USA - they have to be, because our financial systems are so intertwined. Further

This is not correct. AML/KYC regulations are just as strict in Canada as in the USA - they have to be, because our financial systems are so intertwined. Furthermore, it is not the job of the RCMP (or of any of the provincial securities regulators) to oversee these issues; there is a special entity called FINTRAC (http://www.fintrac-canafe.gc.ca/intro-eng.asp http://www.fintrac-canafe.gc.ca/intro-eng.asp) that does this, and believe me they are a deadly serious organization. (I used to be chief compliance officer and "ultimate designated person" of a registered dealer.)