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Lifestyle Apr 30, 2026

April’s Must‑Read Books: Writers and Readers Share Their Picks

The Guardian’s April reading roundup gathers recommendations from writers and readers, spotlighting…
The Curated April Reading List from Writers and Readers The Guardian asked a handful of authors and avid readers what they were enjoying in April, producing a vivid snapshot of the books that are shaping conversations in literary circles today. Highlights from Emerging and Established Authors Luke Kennard praises All In by Claire Powell – a meta‑beach read that captures contemporary Englishness with merciless affection. Luke Kennard also recommends Ghosts by Argentine writer César Aira, a short novel about squatters haunted by beautiful specters. Luke Kennard is reading A Place of Greater Safety by Hilary Mantel, a vivid portrait of Camille in the French Revolution. Rosie (Guardian reader) highlights Jesus Christ Kinski by Benjamin Myers, a layered tale of performance, cancel culture, and artistic ego. Sophie Ratcliffe (writer) shares her current obsessions: The Aspern Papers by Henry James, Antiquities and Other Stories by Cynthia Ozick, and Calamities by Renee Gladman. Kate (Guardian reader) recommends Flashlight by Susan Choi, a mystery that weaves Japanese culture, Korean occupation, biracial identity, and MS. What the Recommendations Reveal About Current Literary Trends Analyzing the list shows three clear patterns: Meta‑narrative & genre‑blending: Both All In and Flashlight combine genre conventions with literary depth. International & translated voices: César Aira and Cynthia Ozick illustrate growing appetite for non‑English perspectives. Historical re‑examination: Works by Hilary Mantel and Benjamin Myers signal renewed interest in revisiting past eras through contemporary lenses. Why These Picks Matter for the Publishing Landscape Publishers can read this roundup as a signal that: Investments in translation rights are likely to yield strong critical and commercial returns. Books that straddle literary and genre expectations are resonating with both writers and readers, encouraging hybrid marketing strategies. Historical fiction that tackles under‑explored viewpoints (e.g., the French Revolution from a musician’s angle) is gaining traction, suggesting editorial room for fresh archival projects. Looking Ahead: What April’s Choices Signal for 2026 Reading Habits If the April selections are any indication, the second half of 2026 will likely see: A surge in short‑form and novella‑length works that deliver intense, self‑contained experiences. Greater demand for cross‑cultural narratives, especially those that blend personal memoir with broader historical context. Continued enthusiasm for authors who can weave social commentary into compelling storytelling, positioning books as both entertainment and cultural critique. Publishers, booksellers, and literary festivals would do well to spotlight these trends, ensuring that the voices highlighted this April remain at the forefront of the conversation.
#Luke Kennard #Claire Powell #César Aira
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Environment Apr 30, 2026

Ottawa Immigrants Learn to Retrofit Homes to Fight Climate Crisis

A new social enterprise called Build, launched by EnviroCentre in Ottawa, aims to train immigrants …
The Lead A new social enterprise called Build, launched by EnviroCentre in Ottawa, aims to train immigrants in retrofitting homes to combat the climate crisis. The program provides training in insulation installation, air sealing, and other retrofitting skills to help reduce greenhouse gas emissions. Immigrants Learning to Retrofit Homes John Mava, an immigrant from Nigeria, and Allan Kanobana, an immigrant from Rwanda, are among the first mentees of Build. They are learning the fundamentals of health and safety, PPE use, and other theories, while also getting their warehouse ready for opening. The warehouse is where mentees will learn practical skills, such as insulation and drywall installation and conducting pre- and post-retrofit home assessments. The Data Analysis Buildings are one of the top-five greenhouse gas emitters in Canada, according to the federal government’s most recent overview of Canada’s GHG emissions. To achieve its goal of net zero emissions by 2050, Canada needs to retrofit about 600,000 homes each year. The construction industry is facing a shortage of skilled workers, with more than 245,100 construction workers projected to retire by 2032, leading to a shortage of more than 61,400 workers. The Impact Analysis The program aims to create a positive and welcoming space for mentees, particularly in an industry that has historically been male-dominated and lacking in diversity. Build also plans to provide a toolkit for employers to help them remove toxic behaviors in the construction environment. The program expects to take on two more mentees by the end of the year and retrofit the homes of hundreds of clients in the Ottawa area. The Prediction The success of Build's program could have a significant impact on reducing greenhouse gas emissions in Canada. With the right training and support, immigrants can play a crucial role in addressing the climate crisis. As Mava said, 'We’ll reduce the emissions and then the kids will be happy in the future.'
#Ottawa #Climate Crisis #Retrofitting Homes
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Politics Apr 30, 2026

Supreme Court Weakens Voting Rights Act in Louisiana Redistricting Case

The US Supreme Court has weakened a key provision of the Voting Rights Act by ruling that Louisiana…
Supreme Court Decision Reshapes Voting Rights LandscapeThe United States Supreme Court has voided a key provision of a landmark civil rights law by ruling that the electoral map of Louisiana had been drawn up unconstitutionally to create two Black-majority districts. The decision represents a major reinterpretation of the landmark Voting Rights Act of 1965 – in particular, its provision designed to protect minority voters from having their political power diluted.Wednesday's Supreme Court ruling is seen as a major win for Louisiana Republicans and President Donald Trump's administration and is expected to make it harder for minorities to challenge electoral maps as racially discriminatory under the 1965 law. It is unclear how much of that provision – Section 2 of the act – remains in force following this decision.The Louisiana Redistricting RulingThe court held that a map that created two Black-majority congressional districts in Louisiana was unconstitutional. The 6-3 ruling by justices blocks an electoral map that had given Louisiana a second Black-majority US congressional district.The court's conservative majority found that the Louisiana district represented by Democrat Cleo Fields relied too heavily on race. Chief Justice John Roberts described the 6th Congressional District as a "snake" that stretches more than 320km (200 miles) to link parts of Shreveport, Alexandria, Lafayette and Baton Rouge.The ruling was authored by Justice Samuel Alito and joined by his five fellow conservative justices. The dissenting justices are liberals."That map is an unconstitutional gerrymander," Alito wrote on behalf of the six conservatives.Understanding the Voting Rights ActThe Voting Rights Act was a piece of follow-up legislation to the Civil Rights Act, signed into law by President Lyndon B Johnson in 1964. It bans discrimination on the basis of race, colour, religion, sex or national origin.The 1965 law primarily ended common discriminatory practices against Black voters that were prevalent in many states, including literacy tests, that were designed to prevent them from voting.Section 2 of the act prohibits voting practices or procedures that discriminate on the basis of race, colour or membership of a language-minority group. The section has long been understood to bar electoral maps that dilute the voting strength of minority communities, even when there is no direct evidence of racist intent.How the Court Weakened the Voting Rights ActSection 2 of the act was amended by Congress in 1982 to prohibit electoral maps that would result in undermining the clout of minority voters, even without direct proof of racist intent.For more than four decades, plaintiffs could win a Section 2 claim by showing that a voting map had a racially discriminatory impact under this legal standard, known as the "results test".The Supreme Court's ruling on Wednesday, however, has in effect applied an "intent test" to Section 2, experts said. In the ruling, Alito wrote that the focus of Section 2 must now be to enforce the US Constitution's prohibition on intentional racial discrimination under its 15th Amendment.Interpreting Section 2 to "outlaw a map solely because it fails to provide a sufficient number of majority-minority districts would create a right that the amendment does not protect", Alito concluded.Political Power Shifts in CongressThe effect of the ruling may be felt more strongly in 2028 because most filing deadlines for this year's congressional races have already passed. Louisiana, though, may have to redraw its congressional districts now to comply with the decision.Republicans currently hold 217 seats in the House while Democrats hold 212. There is one independent and five vacancies in the House. In the Senate, Republicans hold 53 seats and Democrats hold 45. Two independents caucus with the Democrats.The state has primary elections set for May 16. Louisiana Governor Jeff Landry told Republican candidates for the House of Representatives that he planned to suspend next month's primary elections to allow state lawmakers time to approve a new congressional map.Erosion of Civil Rights ProtectionsReactions to the ruling have been sharply divided along political lines."I love it," Trump told reporters after hearing of the decision, adding that he believes Republican-led states will now want to reconfigure their voting maps. In a social media post, Trump praised Alito as "brilliant" and called the ruling "a BIG WIN for Equal Protection under the Law, as it returns the Voting Rights Act to its Original Intent, which was to protect against intentional Racial Discrimination".Former President Barack Obama, a Democrat, warned that the ruling will free state legislatures to reconfigure electoral districts to "systematically dilute and weaken the voting power of racial minorities – so long as they do it under the guise of 'partisanship' rather than explicit 'racial bias'"."This is a devastating and profound step backwards for American Democracy," Democratic Senator Raphael Warnock wrote on social media.Justice Elena Kagan, in a dissent joined by the two other liberal justices on the Supreme Court, said the ruling rendered the Voting Rights Act "all but a dead letter" and predicted "grave" consequences.Redistricting Battles Ahead of 2026 MidtermsWith November's congressional elections looming, the court's decision could prompt Republican-led states to seek to redraw electoral maps to weaken US House seats considered safely Democratic.The ruling comes during a wider battle over congressional redistricting before midterm elections in November. The Congressional Black Caucus, a group of African American US lawmakers, condemned the ruling."Without the protections of the VRA [Voting Rights Act], Republicans now have the ability to move forward with a nationwide scheme to rig congressional maps in their favor – to manufacture more districts for themselves by eliminating majority-Black districts, while stripping away the ability to challenge those racist, anti-Black maps in court," it said in a statement.Warnock, a member of the caucus, said the ruling gutted the protections that civil rights champion Martin Luther King Jr "marched for [and] the protections made possible by civil rights protesters who spilled blood in pursuit of a more perfect union".
#Supreme Court #Voting Rights Act #Louisiana
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Entertainment Apr 30, 2026

Unnatural Harmony: A Tribute to Lee Alexander McQueen

A new show, 'Unnatural Harmony: Sounds of Lee Alexander McQueen', pays tribute to the fashion desig…
The Concept Behind the Show The small print tells us this show has no connection to the fashion house of McQueen, nor does it feature any of Alexander McQueen's designs. You could think it's a cynical attempt to get bums on seats for classical music, but it is created by McQueen's longtime musical director, John Gosling, alongside Robert Ames, conductor of the London Contemporary Orchestra. The LCO plays music that inspired the designer, all run together like a DJ mix with theatrical lighting and multi-genre guest performers. The Music and Performance Far from “unnatural”, most of the harmonies here are as concordant as Classic FM, mostly film soundtracks (The Hours, The Piano, a couple of John Williams') and tearjerkers (Dido's Lament, Barber's Adagio for Strings). The friction, however, is all in the combinations. For example: two dancers posturing in nude body stockings – one has hooves instead of hands and tights over her face – and then behind them, the cello section in formal white tie and tails. Hearing Handel cut with the Rolling Stones in a jaunty string arrangement, or a blast of Nirvana, feels like your GCSE music teacher trying to be cool, although the blaring siren of Armand Van Helden's Witch Doktor is genuinely unsettling. The Impact of the Performance Cabaret singer Le Gateau Chocolat always has presence and fabulous costumes – one here resembles a green Quality Street-wrapper – but like the rest of this show seems under-rehearsed. The two dancers, choreographed by Holly Blakey, appear in superfluous layers that exaggerate the messy world of the choreography and it is hard to tell whether it's being serious or sarcastic when the dancers shake their heads comically in time with a piano trill. The Legacy of Lee Alexander McQueen There's a superficiality to this genre clash; are these art forms really speaking to each other or is it provocation for the sake of it? But there are genuinely illuminating moments in a film choreographed by Michael Clark, a friend of McQueen's, both men steeped in classical craft and punk spirit. We see dancer Jules Cunningham in a very Isabella Blow hat, and Simon Williams dancing to Barber's Adagio, one of the most loved/hackneyed pieces of music. And yet the shocking starkness of Clark's ironed-out angles cuts through the familiarity to bring a laser focus to the music. It's a show full of contradictions, wrestling between sweet and edgy, but ending up quite middle of the road. The Show's Details At Royal Festival Hall, London, until 30 April
#Lee Alexander McQueen #John Gosling #Robert Ames
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Sports Apr 30, 2026

Champions League Review: Nine-Goal Thriller and Tactical Battles Define Semi-Finals

The Champions League semi-finals delivered contrasting fixtures as PSG and Bayern Munich produced a…
The Champions League Semi-Final SpectacleFootball's role as a leading hot-take commodity was taken to the nth degree after Tuesday's nine-goal slugfest between Paris Saint-Germain and Bayern Munich in Paris. The debate over whether this was the competition's best ever semi-final will continue until next Wednesday's second leg in Munich, with PSG coach Luis Enrique calling it "the best match I have ever coached," though he omitted to mention previous contenders like Barcelona's La Remontada of 2017 or last season's 7-6 semi-final double-header between Inter and Barcelona.As widely predicted, a 1-1 draw between Atlético Madrid and Arsenal on Wednesday night in Madrid did not match the previous evening for entertainment. Those who value defence over attack got their fill until Antoine Griezmann and Julián Alvarez grew in influence in the second half. The night was marked by penalty decisions and video assistant referee interventions, with Arsenal supporters raging over a decision that changed the course of the game.Tactical Approaches and Managerial ChessThe PSG-Bayern Munich encounter showcased the attacking luxury that France and Germany's dominant clubs enjoy, not being challenged in their domestic leagues so they can keep their powder dry for the latter stages of the Champions League. Bayern's approach, even when 5-2 down, revealed Vincent Kompany's philosophy as a coach – a stark contrast to his reputation as one of the finest defenders of his era.Atlético Madrid's Diego Simeone demonstrated his tactical acumen by shifting his team's formation at half-time, lifting what had previously been a moribund contest. His involvement extended to the touchline, where he orchestrated both the crowd and the officials according to some observers, including former Arsenal player Martin Keown. Simeone's approach represents one way to navigate the Champions League, contrasting with Arteta's more measured style.Statistical Highlights and Individual PerformancesThe PSG-Bayern match set records with the most goals of any 90-minute match in the Champions League last-four, reaching an incredible nine goals. This offensive showcase featured attackers at their absolute best, with Bayern Munich's Luis Díaz completing the scoring to make it 5-4. His coolness and perfectly timed run capped off a night that may prove to be the most crucial goal of the nine in Paris.Atlético Madrid's Antoine Griezmann, potentially playing his last Champions League home game, showcased the class that has many wondering if his move to MLS is premature. Meanwhile, Arsenal's attack struggled for verve, with their starting front three of Gyökeres, Gabriel Martinelli and Noni Madueke not creating enough danger against Atléti, despite Gyökeres at least making a pest of himself and taking his penalty well.Defensive Philosophies and Refereeing ImpactThe contrasting approaches to defending were highlighted by former Birmingham City player Kenny Cunningham, who led the defensive puritans in criticizing the high-scoring match. Speaking on Irish channel Premier Sports, he compared Tuesday's thriller unfavourably to the Juventus v Milan European Cup final at Old Trafford in 2003, widely regarded as the dullest of the Champions League era.Refereeing decisions became a central talking point, particularly in the Atlético Madrid-Arsenal match. The award – and rescinding – of what initially seemed a penalty when Dávid Hancko caught Eberechi Eze in the 78th minute had Arsenal supporters raging. Manager Mikel Arteta expressed his frustration, stating: "No clear and obvious error [on the initial decision], and this changes the course of the game. And at this level, I'm sorry but this cannot happen."Looking Ahead to the Second LegsAchraf Hakimi, arguably the best attacking full-back in world football, will miss the second leg due to a hamstring injury, meaning PSG's right flank will be manned by Lucas Hernández, who won the Champions League with Bayern when they beat PSG in the 2020 final. This absence could prove crucial in determining which French side advances to the final.Arsenal's attacking concerns continue, with Bukayo Saka able to play only some part and substitute Eze lifting those around him. The unfortunate Kai Havertz is unlikely to feature in the second leg. Atlético's Julián Alvarez, recently linked with Arsenal, would be an upgrade should the Gunners fall short. Questions would then be raised about the recruitment policy of their sporting director, Andrea Berta, who once held the same role at Atlético.Bayern's Vincent Kompany has set expectations high for the second leg, declaring: "More. Even more. We're at home. We'll have 75,000 people in that stadium. The city will live it for an entire week." His refusal to apologize for his team's approach, even when 5-2 down, reveals the confidence he has in his team's ability to overturn the deficit.
#Champions League #PSG #Bayern Munich
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Politics Apr 30, 2026

Western Feminists' Silence on Iran's Women's Rights Crisis

Western feminist groups have largely remained quiet as Iran intensifies its crackdown on women, spa…
Western Feminist Inaction Amid Iran’s Crackdown Despite a surge in international attention to Iran’s systematic repression of women—ranging from mandatory hijab enforcement to the imprisonment of activists—major Western feminist organizations have offered limited public commentary. This silence raises questions about the alignment of feminist solidarity with geopolitical realities. The Context: Iran’s Escalating Campaign Against Women Since April 2026, Iranian authorities have intensified a series of measures targeting women’s public presence: Expanded police powers to detain women for “improper dress” in public spaces. Closure of women‑only cultural centers in Tehran and Mashhad. New criminal code provisions that increase penalties for women who protest gender‑based laws. Human rights groups estimate that over 1,200 women have been arrested in the past six months alone. Numbers Highlighting the Scale of Repression Quantitative data underscores the depth of the crisis: 1,200+ women detained since January 2026. 35% rise in reported harassment cases against female journalists compared with the same period in 2025. International NGOs have documented 78 instances of forced dress‑code inspections in public venues. These figures contrast sharply with the limited statements issued by Western feminist coalitions, many of which have released only generic condemnations without concrete calls to action. Consequences for Global Feminist Solidarity The lack of a coordinated response threatens to erode the credibility of transnational feminist networks. Analysts point to three core impacts: Strategic disengagement: Organizations fear that overt criticism could jeopardize diplomatic channels used to negotiate the release of detained activists. Ideological fragmentation: Divergent views on whether to prioritize Western political interests over grassroots Iranian feminist agendas. Reputational risk: Perceived indifference may alienate younger activists who demand intersectional solidarity. Potential Shifts in International Advocacy Looking ahead, several scenarios could reshape the landscape: Policy‑driven pressure: If European parliaments adopt targeted sanctions against Iranian officials responsible for gender‑based repression, feminist groups may find a clearer mandate to speak out. Grassroots amplification: Digital platforms could enable Iranian women to bypass traditional media, forcing Western feminists to respond to a louder, decentralized narrative. Coalition realignment: Emerging alliances between human‑rights NGOs and feminist bodies may produce joint statements that balance political pragmatism with moral urgency. In any case, the next few months will test whether Western feminist movements can reconcile their strategic caution with the imperative to stand unequivocally with Iranian women.
#Iran #Western feminists #Women's rights
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Business Apr 30, 2026

Financial Times Journalists Clash with Management Over Four-Day Office Mandate

Financial Times journalists have invoked the dispute procedure after management announced a plan to…
Union Calls for Dispute Procedure Over FT’s Four‑Day Office PlanFinancial Times journalists, represented by the National Union of Journalists (NUJ), have unanimously voted to trigger the company’s formal dispute process. The union argues that management has "not made a compelling case" for increasing office attendance from the existing three days to four days a week by the end of 2026.Dispute invoked after a “fiery meeting” with managing editor Tobias Buck.NUJ officers were notified of the dispute this week.Potential escalation to a strike ballot remains on the table.Details of the Proposed Four‑Day Office PolicyThe FT’s proposal targets the London editorial team based at Bracken House, comprising roughly 500‑600 staff members. About two‑thirds of these employees are union members.Current arrangement: three days in the office, two days remote.Proposed change: mandatory presence for four days each week.Excludes other FT divisions (commercial, IT, events, HR, FT Specialist) and overseas bureaus, which would retain flexible hybrid schedules.Key concerns raised: discrimination against parents (especially mothers), financial strain, and breach of prior hiring commitments based on a three‑day model.Financial Context: FT’s Revenue Growth vs. Profit PressuresDespite the labour dispute, the FT reported solid top‑line performance:Global revenues rose 6% to £540 million in 2024.Global operating profit jumped 41% year‑on‑year to £42.2 million.UK‑specific revenue grew 2% to £454.6 million, but operating profit fell 19% to £7.3 million, attributed to inflation and the addition of 30 new employees.Paying audience expanded from 2.57 million (end‑2023) to 2.83 million (end‑2024); total FT readers reached 1.48 million, with 1.35 million digital subscribers.The FT is owned by Japanese media group Nikkei, which acquired it in 2015 for £844 million.Implications for UK Journalism and Hybrid Work TrendsThe dispute highlights a broader tension in the media sector between cost‑control, productivity expectations, and evolving work‑life balance norms.Potential precedent: If the FT enforces a stricter office mandate, other legacy publishers may follow, reshaping hybrid policies across the industry.Risk of talent attrition, especially among parents and younger journalists who value flexibility.Union pressure could force a renegotiation of hybrid contracts, influencing future collective bargaining in UK newsrooms.What May Come Next: Potential Strikes and Industry Ripple EffectsBoth sides remain in talks, but several scenarios are plausible:Negotiated compromise: A reduced office requirement (e.g., three‑and‑a‑half days) or opt‑out provisions for parents.Industrial action: A NUJ‑led strike could disrupt FT publishing schedules, prompting advertisers to reconsider placements.Sector‑wide impact: Other media organisations may pre‑emptively adjust hybrid policies to avoid similar disputes, accelerating a shift toward more flexible work models.Stakeholders will watch closely as the FT balances financial performance with staff morale and the evolving expectations of a post‑pandemic newsroom.
#Financial Times #National Union of Journalists #Nikkei
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Sports Apr 30, 2026

The Tactical Chess Match: Arsenal and Atlético Madrid Draw in Champions League Showdown

In a highly anticipated Champions League semifinal first leg, Arsenal and Atlético Madrid played to…
The Tactical Chess Match at the EmiratesNorth London witnessed a masterclass in defensive pragmatism mixed with attacking flair as Arsenal and Atlético Madrid settled for a 1-1 draw in the first leg of their Champions League semifinal. The match, played on April 30, 2026, was characterized by a high-intensity tactical stalemate, where Mikel Arteta attempted to unlock a stubborn Diego Simeone defense with intricate passing patterns, while Atlético relied on rapid transitions and counter-pressing to negate Arsenal's dominance.Defensive Resilience Meets Attacking IntentArsenal started the match with overwhelming possession, registering over 65% of the ball, but struggled to convert territory into clear-cut chances against a compact backline. The breakthrough came when Leandro Trossard found space in the box to slot home a cross from Bukayo Saka. However, Atlético's resilience was tested but not broken. Their equalizer arrived late in the second half through a well-worked set-piece routine, with Alexis Mac Allister converting from the penalty spot after a VAR review.Key Turning Points0-45': Arsenal dominated possession but struggled to break down the Atletico Madrid low block.52': Leandro Trossard breaks the deadlock with a clinical finish.78': Alexis Mac Allister equalizes from the penalty spot after a VAR review.90+3': Both teams had late chances to win it, but the score remained 1-1.Implications for the Title RaceThis draw is a significant psychological boost for Atlético Madrid, who travel to the Emirates with a valuable away goal. For Arsenal, the result prevents a potential psychological blow but highlights a recurring issue: the inability to kill off games against top-tier defensive units. The draw keeps the Premier League title race tight, as Arsenal's lead over their rivals has been reduced by a point.Outlook for the Second LegThe second leg at the Metropolitano promises to be a high-stakes thriller. With the tie evenly balanced, both managers are likely to switch from a cautious approach to a more aggressive one. Arsenal will need to find a way to bypass Atlético's midfield press, while Simeone's side will look to exploit the spaces left by Arsenal's full-backs pushing high up the pitch. The winner of this tie is expected to face either Real Madrid or Bayern Munich in the final.
#Arsenal #Atlético Madrid #Mikel Arteta
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Business Apr 30, 2026

Canada to Establish Powerful Financial Crimes Agency as US Weakens Approach

Canada is set to create a new Financial Crimes Agency to investigate and prosecute financial crimes…
The Creation of a New Financial Crimes Agency Canada is to establish a new and powerful law enforcement agency to investigate financial crime, in stark contrast to the US, where weakened federal investigators have struggled to pursue fraudsters and the White House has pardoned convicted money launderers. The Event Details A bill to create the Financial Crimes Agency (FCA) completed its first reading in parliament this week. The legislation was introduced by the governing Liberals and with their parliamentary majority, the party is likely to move it through both levels of government quickly. The new agency, tasked with investigating and prosecuting financial crimes, is the result of a public inquiry that found Canada lacked a cohesive strategy against money laundering, placing it behind its international peers. The Data Analysis In addition to a new law enforcement agency, Canada will ban cryptocurrency ATMs, which officials say have been used by scammers to defraud victims and by criminals to launder the proceeds of crime. Canada has nearly 4,000 cryptocurrency ATMs, the most per capita in the world. For more than a quarter of a century, the financial transactions and reports analysis centre (Fintrac) has functioned as Canada’s financial intelligence unit. Last year, the agency uncovered $45bn in transactions from money laundering, counterterrorist financing, sanctions and evasion disclosures. The Impact Analysis The Canadian effort marks a stark contrast to the approach taken by the current US administration to the scourge of financial crime. Donald Trump’s government issued a high-profile pardon of Changpeng Zhao after the self-styled “king” of cryptocurrency pleaded guilty to money laundering charges. His company, Binance, had been ordered to pay a record $4.3bn penalty for its role in facilitating terrorist financing. The Prediction “Canada and the US are diverging,” said Jessica Davis, adding that the US was still “far ahead of us in terms of its ability to prosecute and invest, investigate and prosecute” financial crimes. “We’re still playing quite a bit of catchup now. Hopefully Canada will shore up our own abilities to protect Canada. Because the things that happen in the US do tend to happen in Canada. And so this new agency is a bulwark against that.”
#Canada #Financial Crimes #US
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