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New Strategy Launched to Combat Ontario Business Extortion

2/20/2026

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Summary

Story summary

Finance Minister François-Philippe Champagne announced a new government strategy to fight extortion crimes affecting Ontario businesses.
During a Mississauga visit, he urged investigators to "follow the money" to disrupt criminal networks.
Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) will collaborate with local law enforcement to trace extortion transactions.
Peel Region reported 476 extortion cases last year.

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Story summary

Finance Minister François-Philippe Champagne announced a new government strategy to fight extortion crimes affecting Ontario businesses.
During a Mississauga visit, he urged investigators to "follow the money" to disrupt criminal networks.
Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) will collaborate with local law enforcement to trace extortion transactions.
Peel Region reported 476 extortion cases last year.