Related News

CBC Foodbank–thank you’s all around!

Thank you so much to the West Broadway BIA & Michelle Barile, the Pt. Grey BIA & Aila Karpio,  UBC Athletics, and our wonderful local small businesses who contributed to the Neighbourhood Care Package auctioned off by the CBC on …

BC supports Federal Govt in fight for national climate change strategy

CHEK News, November 27, 2018, As quoted:  https://www.cheknews.ca/ottawa-gets-support-from-b-c-in-carbon-tax-fight-with-saskatchewan-and-ontario-511993/ The B.C. government says it will support Ottawa’s legislation to put a minimum price on greenhouse gases in two separate court cases in Saskatchewan and Ontario. The province will intervene in court …

Public consultation-Money laundering in real estate

Money Laundering in Real Estate November 9, 2018 Get Involved Here What is this engagement about? This engagement is an opportunity for British Columbians to share their concerns about money laundering in the B.C. real estate market, and to offer …

Attorney General Targets Foreign Capital to Ease Housing Crunch

Vancouver Sun. As quoted in the article, Sept 6, 2018. Douglas Todd: The housing crisis is the top issue for British Columbians, but incomplete information and exaggerated rhetoric sour its discussion.

This is not to say there is nothing to debate in the B.C. NDP’s 30-point plan to ease the devastation of unaffordability, which it inherited from the laissez-faire Liberals’ 16 years in power. But it takes time to put together a complete picture.

Even as a journalist who for five years has covered the way extreme prices are crushing the hopes of hundreds of thousands of British Columbians, I learned new things from a recent Vancouver Sun and Province editorial board meeting with Attorney General David Eby.

The Point Grey MLA, whose riding is ground zero for the stratospheric prices that result in large part from the globalization of wealth, rang some of the earliest warning bells about the lack of affordability. And he’s been teaming up with Finance Minister Carole James to respond.

Data Point to Money Laundering Vulnerability in BC Real Estate Sector

Following the bombshell report detailing how Vancouver-area casinos became hubs for international money laundering, the second phase of B.C.‘s battle against dirty money is expected to target real estate.

While the real estate sector largely drives B.C.‘s economy, many members of the industry appear to have significant work to do on this front. According to data obtained by Postmedia News, Canada‘s financial intelligence watchdog found “significant” and “very significant” deficiencies in the anti-money laundering controls at 88 per cent of real estate entities they examined in B.C. over the last two years.