THE WEEK IN REVIEW: Monday, November 7, 1994 to Friday, November 11, 1994

TUESDAY, November 8, 1994 - The Financial Post, November 12, 1994

Canada's lax currency laws allow billions of dollars to be
laundered here annually and interfere with international
investigations, one of the world's top Mafia fighters said. Canada
has ''at least 10 organized-crime groups but . . . there is no law
that targets organized crime, as there is both in Italy and the
U.S.,'' Italian prosecutor Nicola Gratteri told a Toronto symposium
on the global Mafia. Antonio Nicaso, an organized crime specialist
and the writer of several books, told the audience Canada is the
''underworld laboratory for organized crime.''