B.C. real estate industry recommends amending federal money laundering laws to improve enforcement
The recommendations are part of efforts to halt the flow of criminal money in B.C.’s real estate industry. Continue reading
Money laundering
B.C. businessman David Sidoo denies all charges in college admissions scandal
A team of three lawyers released a statement on behalf of David Sidoo on Wednesday. Continue reading
BCLC commissioned report found ‘no systemic money laundering’ from River Rock cheques
The Ernst and Young report covered 2014 to 2016. Continue reading
B.C. businessman faces new money laundering charges in U.S. college admissions scandal
By Simon Little Online Journalist
The new charges claim that parents hid their illegal payments, in part, under the guise of charitable donations to help low income kids get an education. Continue reading
No dedicated federal anti-money laundering police officers working in B.C.: report
By Richard Zussman Online Journalist based at B.C. Legislature
The first look at Peter German’s review of money laundering in the province’s housing market has found there are currently no dedicated federal RCMP officers in B.C. investigating criminal money laundering. Continue reading
Money laundering reports submitted to B.C. government, will be made public ‘as quickly as possible’
By Richard Zussman Online Journalist based at B.C. Legislature
The B.C. government has received a pair of reports looking into money laundering in B.C.’s housing market. Continue reading
China blames U.S. for fentanyl abuse, expands controlled substances list
U.S. culture caused the continuing opioid crisis, not illegal exports of fentanyl from China, a Chinese official said. Continue reading
B.C. asking Ottawa for majority of new anti-money laundering funding
By Richard Zussman Online Journalist based at B.C. Legislature
British Columbia is asking the federal government for the majority of resources from new money laundering commitment. Continue reading
Toronto’s real-estate market risky for money laundering, with $28B in opaque investments: report
Toronto’s real-estate market is a big target for criminal money launderers because of weak regulations, according to a new report. Continue reading
Budget 2019: Five B.C.-focused measures you may not have noticed
By Simon Little Online Journalist
There are plenty of national measures in the 2019 budget that will affect British Columbia, but what’s in the plan that’s just for B.C.? Continue reading