In Canada we have banking regulations related to money laundering and an oversight agency called FINTRAC. However, anyone with any knowledge in the matter will tell you that a bank will happily tell customers exactly how to structure transactions to achieve what they need without having to report to FINTRAC, and FINTRAC itself has no investigative capabilities.

That this system is entirely to keep up appearances is blatantly obvious, but such a large percentage of the population is making a killing on real estate they have less than zero interest.