The Canada Mortgage and Housing Corporation (CMHC) has reported that a majority of Canadian mortgage holders are experiencing financial strain. The Office of the Superintendent of Financial Institutions (OSFI) has warned that the next two years will be challenging as 3.3 million low-cost mortgages are set to renew by the end of 2026. Meanwhile, since the pandemic, Canadian banks, credit unions, and cash dealers have reported 2.6 million suspicious cash transactions, exceeding mere suspicion and raising concerns about potential financial crimes. This surge in suspicious activity coincides with the federal cabinet's unfulfilled pledge to establish a new police agency dedicated to combating white-collar crime. Additionally, experts have noted that mortgage fraud is becoming more apparent, with criticisms directed at the federal government's slow response, particularly delays within the Canada Revenue Agency's administrative processes, which have hindered effective measures to stop mortgage fraud.