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Ontario considers introducing unexplained wealth orders to seize assets obtained through crime
Source: The Globe and Mail
Regulation & LegislationLegal & LitigationGeopolitics & War
Ontario is considering adopting a controversial asset-seizure legal tool used by some provinces to confiscate assets believed to be tied to proceeds of crime. The article does not provide quantified fiscal or market effects, but the change could increase regulatory/legal risk for affected parties and spur compliance costs.
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