A "Cancer On Our Economy": Report Finds Over $7 Billion Laundered Through British Columbia In 2018 | WHAT REALLY HAPPENED

A "Cancer On Our Economy": Report Finds Over $7 Billion Laundered Through British Columbia In 2018

It may have taken a while, but now that housing prices are starting to crash in Vancouver, BC legislators are finally starting to get wise to the fact that the province has been a hot bed for money laundering. It was an easy problem to ignore with prices on the way up, but on the way down - not so much.

And so an independent report released on Thursday concluded that an astounding $7.4 billion was laundered in British Columbia in 2018, out of a total of $46.7 billion laundered across Canada throughout the same period. The report was published by an expert panel led by former B.C. deputy attorney general Maureen Maloney.

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