Shining a light on Canada’s dirty money do-nothings in “Ozark North”

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NorthReport
Shining a light on Canada’s dirty money do-nothings in “Ozark North”

Are those crocodile tears coming from Prime Minister Trudeau?

Trudeau says B.C. money laundering report is ‘extremely alarming’

https://www.nationalnewswatch.com/2019/05/10/trudeau-says-b-c-money-laundering-report-is-extremely-alarming-2/#.XNYQ0dNKhp9

NorthReport
NorthReport

Shining a light on Canada’s dirty money do-nothings in “Ozark North”

https://www.straight.com/news/1239236/martyn-brown-shining-light-canadas-dirty-money-do-nothings-ozark-north

bekayne

NorthReport wrote:

Shining a light on Canada’s dirty money do-nothings in “Ozark North”

https://www.straight.com/news/1239236/martyn-brown-shining-light-canadas-dirty-money-do-nothings-ozark-north

Precious few of the politicians at any level of government have called for a public inquiry.

They don’t want to broadcast the roll that Canadian politicians, banks, lawyers, realtors, car dealers, and largely foreign resident—students, homemakers and other intermediaries—played in washing the world’s filthy money, padding corporate profits, or enriching government coffers.

But we, the people, do.

We want to know what really went on.

Oh...

Martyn Brown was former B.C. premier Gordon Campbell’s long-serving chief of staff, the top strategic adviser to three provincial party leaders, and a former deputy minister of tourism, trade, and investment. He also served as the B.C. Liberals' public campaign director in 2001, 2005, and 2009, and in addition to his other extensive campaign experience, he was the principal author of four election platforms.

Martyn Brown is so disengenuous it's astonishing.

NorthReport

Perhaps M Brown is born-again, eh!

------------------------------------------------

Now this is interesting!

Could a public inquiry into money laundering lead to a B.C. government takeover of casinos?

https://www.straight.com/news/1239671/could-public-inquiry-money-laundering-lead-bc-government-takeover-casinos

bekayne

NorthReport wrote:

Perhaps M Brown is born-again, eh!

He'd have to admit to being a sinner first.

NorthReport

BCers who were not able to purchase a home because the prices in the Lower Mainland skyrocketed are very, very upset about all this money-laundering, and want justice to prevail. Not smoke and mirrors as we often get from the Real Estate industry, but real justice. 

$5 billion laundered through B.C. real estate in 2018, drove up home prices

https://www.nationalobserver.com/2019/05/10/news/5-billion-laundered-through-bc-real-estate-2018-drove-home-prices

NorthReport

Money Laundering Inquiry to Seek ‘Answers about Who Knew What and When’

Two-year-long probe to end months before BC’s next election.

 

Some people refused to participate in the independent reviews conducted by Peter German and Maureen Maloney, Eby said. Cullen will have the power to seize records, obtain warrants and order testimony under oath.

Eby said he spoke with Bill Blair, the federal minister of border security and organized crime reduction, who has assured him that the federal government will fully cooperate with the inquiry. He noted federal agencies such as the Financial Transactions and Reports Analysis Centre of Canada, or FINTRAC, that’s supposed to protect against money laundering failed to do so.

Horgan said he received the same assurance from Prime Minister Justin Trudeau that the federal government would cooperate. “This is a national problem with an extraordinary focus here in British Columbia,” Horgan said.

“The inquiry will look at the broad scope of the problem, give us answers about who knew what and when,” Eby said.

Horgan said there have been many calls for a public inquiry into money laundering over the past two years. “We resisted that initially as we collected information because we wanted to make sure we were doing everything we could for the people of B.C. to demonstrate consequences for the actions of criminals in our economy.”

After doing that work, it was clear the problem was larger than they had thought, Horgan said. “These are profound problems for our system, to be sure, but they are profound problems for the people of British Columbia as well.”

Finance Minister Carole James said that money laundering had caused the price of housing across the province to be five per cent higher on average than it otherwise would have been, but that the impact was even greater in Vancouver where it may have added as much as 20 per cent to the price of housing.

“That could mean all the difference in someone’s down payment or ability to get a mortgage,” James said. “It’s unacceptable to have a housing market that’s distorted and inflated by the proceeds of crime while ordinary British Columbians are struggling to find secure, affordable housing.”

https://thetyee.ca/News/2019/05/15/BC-Money-Laundering-Inquiry-Seeks-Answers/

NorthReport

Horgan calls Cullen to create commission — will he cull money laundering in B.C.?

The announcement comes just over two years since Eby and a federal NDP Member of Parliament, Don Davies, commissioned an English translation of the third volume of a Quebec report into public and private-sector construction corruption.

https://thebreaker.news/news/cullen-inquiry-called/

NorthReport
NorthReport