Prime Minister Justin Trudeau says the federal government is “concerned” about the actions of TD Bank’s U.S. subsidiaries that led to a historic US$3-billion plea deal to settle money laundering charges this month.
Trudeau made the comments during question period in the House of Commons Wednesday when asked by NDP MP Don Davies what the Liberals have done to “address repeated criminal actions of TD Bank.”
“We’re of course very concerned by the actions of TD Bank in the United States,” the prime minister responded.
“We make sure every single day that banks in Canada behave by following all the rules. We have continued to strengthen financial oversight and we are making sure there is full accountability for those responsible for this wrongdoing in the United States.”
The comment appears to be the first public acknowledgement by Trudeau or any minister of the case, which saw TD plead guilty to violating a U.S. lawaimed at …