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Canada: Organized Crooks' Playground

Written by Wanda Pasz Sunday, 02 December 2007

Canada is fast becoming the Nigeria of the North where a patchwork of hapless financial regulatory agencies compete with each other to see which one comes out more inept and useless. Criminal entrepreneurs can ply their trade here without fear of getting busted and, in the remote chance that they do, can rely on a forgiving legal system to give them a slap on the wrist and a get-out-of-jail free card.

A multi-part feature in the Toronto Star exposes the startling ineptness of the Ontario Securities Commission. Union members in Ontario whose pensions have been plundered over the past few decades can take heart that the OSC is the sister agency of Ontario's pension regulator, the Financial Services Commission of Ontario

Why the OSC So Rarely Gets Its Man

White Collar Crime Team Fizzled

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