Source Feed: The Globe and Mail
Author: Mike Hager
Publication Date: September 15, 2025 - 21:34
Surrey creates $250,000 reward fund for information on extortion threats to South Asian businesses
September 15, 2025
British Columbia’s second-largest city has created a $250,000 fund to dole out rewards to people with evidence that helps stop the continuing extortion of South Asian businesspeople.
Surrey Mayor Brenda Locke and the city’s police chief announced the fund Monday as they detailed the latest effort to stop the extortions, which she characterized as “frightening and unacceptable.”
The Surrey Police Service said it is investigating 44 extortion cases, including 27 that involved shootings of businesses, homes and vehicles. The agency didn’t specify the time period for these crimes, but noted they peaked in June.
The Bank of Canada cut its key interest rate Wednesday by 25 basis points to 2.5 per cent, and this marks the first cut by the central bank since March.
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