Is money laundering driving the B.C. real estate bus?

By Tyler Orton / Business in Vancouver
Debate swirls over the impact eliminating money laundering would have on province’s real estate sector

A simple addition and subtraction equation might not add up to the right answer when calculating money laundering’s impact on the B.C. economy, according to some experts. A May report led by Simon Fraser University public policy professor and former B.C. deputy attorney general Maureen Maloney concluded $5.3 billion was laundered through the province’s real estate market in 2018.…

Source:: Is money laundering driving the B.C. real estate bus?

• Whistler News

May 28, 2019

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