Chrystia Freeland rings national security alarm about founders of Canadian bank with suspected ties to China
Finance Minister Chrystia Freeland is raising national-security concerns about Wealth One Bank of Canada, telling three of its founding shareholders that they could be susceptible to Chinese government coercion, according to two sources.
The shareholders are also facing allegations from other Canadian financial institutions that they have engaged in money laundering, according to a letter sent by Ms. Freeland to the three individuals late last year.
