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Feds say Canadian real estate 'highly vulnerable to money laundering'

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Summary
Nutrition label

76% Informative

Finance Department says mortgage fraud and money laundering are getting worse in Canada .

Delayed new laws are set to take effect on Oct. 1 , 2025 affecting realtors and title insurers.

The Proceeds Of Crime And Terrorist Financing Act’s new rules require title insurers verify clients’ names, dates of birth and addresses.

VR Score

71

Informative language

65

Neutral language

55

Article tone

formal

Language

English

Language complexity

74

Offensive language

possibly offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

8

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