has asked colleges and universities across the province to immediately stop accepting large cash payments from single students and review financial policies, days after another explosive report said such institutions may be another avenue for money laundering. 1:36Currently, post-secondary institutions are responsible for their own policies on handling cash payments. businesses to report cash transactions over $10,000 to the federal anti-laundering watchdog known as FINTRAC. Eby said FINTRAC does not track cash transactions at post-secondary institutions, so the issue "is really a bit of a black hole." has 25 public post-secondary institutions and 342 private, career-training institutions.

Source: CBC News May 28, 2019 19:30 UTC