Bank of Canada teams with Law Enforcement to target economic crimes. The Bank of Canada, in conjunction with law enforcement agencies across the country, aims to be proactive with their recently announced update to the successful anti-fraud program 'Fighting Fraud on the Front Lines'. The updated program is targeted towards retailers with new video modules available on DVD or online, will focus on recent criminal activities. The previous 2008 campaign was watched by over 100,000 people. (source stalbertgazette.com)

Cross-border shopping a $20B economic drain on the Canadian economy. Canadians coming to shop in the USA this summer may be the highest in the past 20 years. More than 50 million visits to the U.S. by Canadian residents annually and those numbers are poised to swell when Ottawa increases the duty-and-tax free limits on June 1. Next month will see the duty-free limit on stays longer than 24 hours rise to $200 from $50, while the limit on stays longer than 48 hours rises to $800, from the current two-tiered levels of $400 and $750, depending on the length of stay. (source edmontonjournal.com)