The federal agency charged with finding cases of money laundering and terrorist financing activities said today it has identified $2 billion in suspicious transactions in the past year.

That is close to triple last year’s total.

The information was contained in the annual report of the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC).

The agency was set up in 2000 to look into money laundering and was expanded after the Sept. 11 attacks to include the “detection and deterrence of terrorist financing activity.”

The report said it had forwarded information on 142 cases to law enforcement and national security agencies in the past year.

In 110 cases, the disclosures related to money laundering. The agency said 24 disclosures related to “suspected terrorist activity financing and/or threats to the security of Canada.” Eight cases were related to both.

For security reasons, the report does not go into specific detail about the suspicious transactions.

“The large increases in the total dollar value of the transactions we disclose reflect the steadily increasing wealth of data available to us but also that we are more experienced and better able to detect and track more elaborate and deeply rooted money laundering and terrorist activity financing,” FINTRAC director Horst Intscher said in a news release.