Assessment of Money Laundering and Terrorist Financing Risks

The 2025 Assessment of Money Laundering and Terrorist Financing Risks in Canada is a comprehensive assessment of the most pressing money laundering and terrorist financing threats and vulnerabilities in Canada. Here

It assesses inherent risks and discusses the mitigation measures put in place to respond to them. The Criminal Intelligence Service Canada (CISC) estimates that between $45 billion and $113 billion is laundered in Canada every year.
The report delivers a striking revelation: Khalistani extremist groups Babbar Khalsa International (BKI) & the International Sikh Youth Federation (ISYF) are now treated on par with Hamas & Hezbollah. This is something this blog has published long ago, the groups are tied together through Moscow based money launderer Sami El-Helou.

For the first time in such an official assessment, BKI and ISYF are listed alongside Hamas & Hezbollah under Politically Motivated Violent Extremism. BKI & ISYF continue to fund and promote Khalistan. Hardeep Singh Nijjar was linked to both BKI & the Khalistan Tiger Force (KTF), groups promoting violent extremism. While BKI & ISYF are banned in Canada, ISYF remains active globally, and support for Khalistan continues to be publicly visible at the Gurudwara Guru Nanak Sikh in Surrey. The KTF under figurehead gangster Arsh Dalla, with Bir Singh Sandher and Gurjit Singh Jhajj, operate in the clear open. By placing Khalistani groups BKI and ISYF (and KTF) in the same category as Hamas & Hezbollah, Canada is making the major admission that they are terror groups.