Well if you're just going to ignore any context in statements, so will I. (Besides that: Fraud is a crime in both Canada and the US; the arguments presented in the Wikipedia article amount to "it's weird to extradite a specific person for this level of fraud", not that it's legal to commit fraud in Canada. I also agree with this!)
I suggest you read the whole thing carefully. "Allegation of misrepresentation" section in particular. It appears that no fraud had been committed.
"The new court filings contend that since HSBC was made aware that Huawei and Skycom were operating in Iran...".
The slides proving that were however removed from the US submission to Canada.
Further to that: "In October 2020, a judge blocked an attempt by Canada's attorney general to dismiss parts of the extradition case,[121] allowing arguments for the misrepresentation of Meng's case to move forward.[122]"
So it appears that earlier ruling in regards to fraud does not hold much water.
