<h1>Terrorist financing: Khalistani groups received Canadian-origin funds; financing via MSBs, crypto, charities, and diaspora networks.</h1> Canadian authorities identify Babbar Khalsa International and the International Sikh Youth Federation as Khalistani violent extremist groups receiving funds originating in Canada. The report classifies these actors within Politically Motivated Violent Extremism and details financing methods: abuse of money services businesses and banking, cryptocurrencies, state financing, misuse of charitable and non-profit organisations, diaspora solicitation, and criminal proceeds. It notes fundraising in Canada has fragmented into smaller pockets of supporters and that NPO abuse represents only a relatively small portion of terrorist operational budgets, while major national money-laundering threats remain drug trafficking and fraud.