Toronto lawyer Cyndee Todgham Cherniak founded the law firm LexSage, which deals with international trade and tax law. "The most common scenario is someone has not converted US dollars into Canadian dollars properly, said Todgham Cherniak. "So a person may have less than $10,000 US, but when converted into Canadian dollars it is more than $10,000 Canadian. But in some cases it can take months, even years, for people to get their money back, said Todgham Cherniak. "In my opinion, without a doubt, the largest source of cash that comes across the Canadian border, undocumented cash, unreported cash, would be capital flight from China," said Schneider.

Source: CBC News June 29, 2020 09:00 UTC