The State Department has approved a possible Foreign Military Sale (FMS) to Canada involving air strike weapons and related equipment with an estimated total cost of $2.68 billion. The Defense Security Cooperation Agency (DSCA) has notified Congress of the required certification. According to the DSCA release, the Government of Canada requested a broad package of […]

Freedom Mobile says hackers stole customers’ personal information from its account management platform.

The post Personal Information Compromised in Freedom Mobile Data Breach appeared first on SecurityWeek.

Delphinus Engineering Inc., based in Newtown, Pennsylvania, has been awarded a $14.5 million contract to develop, fabricate, produce, integrate, and test a new sonar array and lift system for Canada’s Victoria-class submarines. According to a Department of War contract announcement, the award includes Foreign Military Sales (FMS) funds fully allocated to Canada and may grow […]

A Canadian-made unmanned aircraft originally developed for civilian medical logistics is being positioned for potential military use as modern conflict zones demand faster, quieter and more survivable small-scale resupply capabilities. Volatus Aerospace says its Canary unmanned aircraft system (UAS), now used for hospital-to-hospital medical transport, can be adapted for frontline logistics where traditional supply routes […]

Canada's Prime Minister Mark Carney has signed an agreement with Alberta's premier that will roll back certain climate rules to spur investment in energy production, while encouraging construction of a new oil pipeline to the West Coast. From a report: Under the agreement, which was signed on Thursday, the federal government will scrap a planned emissions cap on the oil and gas sector and drop rules on clean electricity in exchange for a commitment by Canada's top oil-producing province to strengthen industrial carbon pricing and support a carbon capture-and-storage project. The deal, which was hailed by the country's oil industry but panned by environmentalists, signaled a shift in Canada's energy policy in favour of fossil fuel development and is already creating tensions within Carney's minority government. Steven Guilbeault, who served as environment minister under Carney's predecessor Justin Trudeau, said he was quitting the cabinet over concerns that Canada's climate plan was being dismantled.

Read more of this story at Slashdot.

INKAS has officially presented its new M1 Mine-Resistant Ambush-Protected (MRAP) vehicle at Milipol Paris 2025, marking what the company described as a major step in its evolution as a defense manufacturer. The unveiling showcased a platform developed over years of research, engineering, and testing, created in collaboration with the French firm Texelis. According to the […]

Roshel, one of North America’s leading armored vehicle manufacturers, has confirmed the delivery of its Senator Emergency Response Vehicle (ERV) to a U.S. law enforcement agency in Guam — expanding the company’s footprint to one of the most remote U.S. territories and a key strategic location in the Indo-Pacific. “Our next delivery is of the […]

• A Toronto outlet handed over $1,900.00 in cash using only a $5 bill for verification.
• Ukraine-based exchange 001k offered to deliver $1,000,000.00 in cash in Montreal.
• Over 20 crypto-to-cash services were found operating unregistered across Canada.

A report by CBC has revealed how Canada is witnessing the rise of unregulated crypto-to-cash services that enable large-scale anonymous financial transfers.

These operations not only bypass anti-money laundering laws but also establish an untraceable money trail that financial intelligence agencies are unable to track.

Across cities from Toronto to Montreal, crypto platforms are facilitating discreet cash handovers worth thousands and even millions, without requiring any identification from users.

Despite rules that demand full verification for transactions over $1,000.00, services continue to hand over cash using only minimal confirmation.

Experts have raised alarm over the role of these services in enabling potential money laundering, illicit trade, and financial crime.

Investigative efforts have now revealed how this silent financial movement is escaping oversight in plain sight.

Crypto-for-cash deals avoid ID checks

In one midtown Toronto branch of a registered money transfer business, a $1,900.00 cash pickup was arranged through encrypted messages using the Telegram app.

The only verification required was a photo of a Canadian $5 bill.

The customer, who had earlier transferred 2,000 tether tokens to Ukraine-based crypto exchange 001k, showed the physical bill and received $100 notes from the teller with no further questions.

Such transactions breach Canada’s anti-money laundering regulations, which require personal identification and transaction documentation for any transfer exceeding $1,000.

The company later claimed that the arrangement had been made by a rogue manager using personal funds off the official books.

The teller involved, they said, acted without knowledge of the transaction’s real nature.

001k is not registered with FINTRAC, the Canadian financial intelligence agency, and therefore is not legally permitted to conduct business with Canadians.

Yet the transaction went ahead and passed under the regulatory radar.

Platforms offer million-dollar handovers

The same pattern was uncovered in Montreal.

Journalists engaged in anonymous conversations with crypto services, including 001k and another unnamed provider.

Both offered to deliver $1,000,000.00 and $890,000.00 in cash, respectively, in exchange for tether sent to designated wallets.

No identification was asked for at any stage.

These platforms operate online, contactable via web directories and Telegram channels.

Many advertise in plain sight and offer face-to-face cash deals in locations ranging from Halifax to Vancouver.

According to experts, more than 20 such services were found in Canada, most operating without proper registration or regulatory checks.

Despite Canada’s attempt to regulate the sector through FINTRAC, enforcement remains limited.

The agency oversees over 2,600 registered money service businesses, but lacks the resources to track unregistered and underground operators.

A growing global laundering channel

Crypto analysis firm Crystal revealed to CBC that crypto-to-cash services in Hong Kong alone processed $2.5 billion in 2024.

Canada’s rapidly growing market could mirror that figure if enforcement continues to lag.

With the rise of digital tokens like Bitcoin, Ethereum, and Tether, it has become easier for money to move across borders and be converted into untraceable cash.

Law enforcement depends on access to user identity at the point where crypto enters or exits the system.

When transactions are carried out without registration, those points vanish, and the blockchain’s transparency becomes meaningless.

Investigators lose visibility once digital assets are converted into physical currency anonymously.

The flexibility of these services creates risk.

Anyone can now move large sums in or out of Canada without detection, including organised crime networks and individuals involved in illegal activity.

Without active compliance monitoring, these transactions take place without leaving any traceable connection.

Canada struggles to enforce crypto regulations

Canadian regulators are under-equipped to deal with the scale of the problem.

Crypto platforms can connect users in seconds, bypassing traditional financial systems and enabling instant access to large volumes of cash.

FINTRAC’s oversight is stretched, and its inability to track foreign operators or monitor encrypted platforms like Telegram leaves a major gap in financial security.

The use of small signals, like a $5 bill serial number, to validate multi-thousand-dollar exchanges highlights just how far removed these services are from compliance.

Unless significant regulatory action is taken, Canada could continue to serve as a silent hub for crypto cash transfers that avoid scrutiny, recordkeeping, and legal obligations.

The post Crypto loopholes across Canada enable silent cash transfers appeared first on CoinJournal.

Day 1 of our Halloween countdown brings us to a festive front garden exploding with color and fun

Flowers, foliage and the night sky light up with color in this fall garden

After learning the dos and don'ts of gardening in challenging conditions, this northern gardener achieves sensational fall color

To celebrate 17 years of legal cannabis, here are seven reasons why you should buy your cannabis from the NSLC!

The post Seven reasons to buy your cannabis from the NSLC appeared first on Leafly.

Despite this garden's northern location, an enchanting collection of cacti, succulents, and tropicals call this landscape home

Highlights from a summer garden full of stunning flowers and new birds getting ready to take flight

MJBizCon, slated for Dec. 2-5 in Las Vegas, is the epicenter for deal-making, networking and innovation in the cannabis industry.

MJBizCon sparks cannabis deals and innovation is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Google Ads on Monday launched a pilot program allowing cannabis businesses to advertise on its platform of they comply with federal laws in Canada.

Google launches pilot program allowing cannabis advertising in Canada is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

A former Canadian government employee accused of carrying out dozens of ransomware attacks has been extradited to the United States, with more than $28 million in bitcoin seized in connection with the case. Sebastien Vachon-Desjardins, who worked as an IT consultant for Public Works and Government Services in Canada, according to his LinkedIn profile, was […]