B.C. supports call for money laundering inquiry
VICTORIA (CP) — A campaign promise to launch an inquiry into money laundering by Conservative Leader Andrew Scheer is receiving strong support in British Columbia where illegal cash has skewed the real estate market and helped fuel the opioid crisis.
Scheer made the announcement during an Ontario campaign stop, saying the inquiry will focus on cleaning up the real estate sector.
B.C. Attorney General David Eby says he doesn’t want to wade into the federal election campaign, but any call by political parties to fight the nationwide issue of money laundering is a step forward.
The B.C. New Democrat government called an inquiry into money laundering last May following independent reviews that found crime groups were funnelling billions of dollars into illicit drugs, real estate and other parts of the economy.
Former B.C. Supreme Court Justice Austin Cullen will head the B.C. inquiry.