Mr. Axworthy signed the Convention at the United Nations headquarters in New York City. As well as fighting terrorist fundraising, it strengthens the powers of the international legal community in blocking terrorists' sources of financial support. The Convention is entirely consistent with existing Canadian policy objectives. The Convention is intended to complement existing counter-terrorist conventions. It aims to curb terrorist acts by restricting terrorists' sources of funding, through the creation of new offences under international law.
Terrorism has no national boundaries.
The global challenge today is to keep a step ahead of terrorists. The Convention reflects the commitment of nations to fight terrorism at its source. Canada has been at the forefront of the fight against international terrorism. It has signed all 12 of the existing international counter-terrorism conventions, and ratified 10 of them. Canada was among the first signatories.