Terrorism is a complex ancient problem. The attacks of September 2001 in U.S soil prompted a new strategic approach to its control. This thesis focuses on that new approach, the targeting of terror’s financial basis. This research considers the international dimensions of terrorism as well as Canadian terrorism. It discusses the ties between money and terror, and the Canadian regulation, the Anti-Terrorism Act, which seeks to sever those ties. Against this background, it offers an analysis of the effectiveness of the regulation of the financial aspects of terrorism in preventing new terror activities.