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FINTRAC imposes an administrative monetary penalty on Canadian National Exhibition Association (CNE Casino)

News release

September 4, 2025 — Ottawa

FINTRAC announced today that it has imposed an administrative monetary penalty on the Canadian National Exhibition Association, also operating as Canadian National Exhibition Casino (CNE Casino). Following a compliance examination, this casino in Toronto, Ontario, was imposed an administrative monetary penalty of $199,000 on July 11, 2025, for non-compliance with Part 1 of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act and associated Regulations.

CNE Casino was found to have committed the following administrative violations:

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“Canada’s Anti-Money Laundering and Anti-Terrorist Financing Regime is in place to protect the safety of Canadians and the security of Canada’s economy. FINTRAC works with businesses to help them understand and comply with their obligations under the Act. We are also firm in ensuring that businesses continue to do their part and we will take appropriate actions when they are needed.”

Sarah Paquet, Director and Chief Executive Officer, Financial Transactions and Reports Analysis Centre of Canada

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Media Relations
Financial Transactions and Reports Analysis Centre of Canada
613-716-9983
media.medias@fintrac-canafe.gc.ca

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