“By law, Canadian banks, casinos and thousands of other businesses are required to report all financial transactions over $10,000, and any movement of money they suspect may be linked to terrorism or laundering the proceeds of crime. But in a special report to Parliament today, Privacy Commissioner Jennifer Stoddart complains that an investigation of the Financial Transactions Reports Analysis Centre,  known as FINTRAC, found found everyday financial transactions of ordinary Canadians — things such as down payments for homes and cars, and wire transfers from families overseas to their children studying here.  FINTRAC has amassed over 165 million reports.”

http://www.cbc.ca/news/politics/fintrac-collecting-too-much-info-on-innocent-canadians-1.2224595

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