- Some $5 billion laundered in province last year: government
- Laundering increased provincial home prices as much as 7.5%
Vancouver penthouses, ski chalets at Whistler, and holiday retreats in the Gulf Islands are among the thousands of properties identified in a dirty money probe that estimates more than C$7 billion ($5 billion) was laundered through the western Canadian province of British Columbia last year.
The startling findings from two reports released by the provincial government Thursday illustrate how a torrent of suspicious cash has fueled casinos, luxury car sales and real estate in the Pacific Coast region...
Show MoreRelated chunks with this resource
No comments yet. Be the first to comment!