A Mid-year Check-in: White Collar Enforcement And Compliance In Canada

2025 was not a particularly robust year for major white collar prosecutions in Canada. However, that does not mean the risk environment was stagnant. If anything, the year reinforced a different trend. Enforcement, compliance expectations and litigation exposure continue to expand across a range of areas, including anti-money laundering, deceptive environmental marketing, foreign bribery, procurement integrity and fraud prevention.

That shift is taking place against a backdrop of growing concern about the scale and sophistication of economic crime. Canadian Anti-Fraud Centre data indicates that Canadians lost more than $704 million to fraud in 2025 alone, with reported losses since 2022 surpassing $2.4 billion. The same reporting also emphasizes that these figures likely capture only a fraction of the true harm, since most frauds go unreported.¹