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 recommendations to B.C.’s Expert Panel on Money Laundering.

The Expert Panel was appointed following the release of two independent reports that found evidence that B.C.’s housing market may be vulnerable to criminals looking to launder money.

As part of their review of the issue, the Expert Panel on Money Laundering wants to hear from members of the public.

The public are invited to participate until Friday, Dec. 14, 2018, at 4 p.m. by:

• email to RealEstate.MoneyLaundering@gov.bc.ca or
• anonymously submit your comments online

If using email, submissions should be provided in Word or PDF format and should not exceed five pages. Participants are encouraged to review the Terms of Reference prior to providing a response. The Expert Panel may also meet in person with individuals or groups who wish to disclose firsthand knowledge of money laundering in B.C.

The Expert Panel may also choose to follow up with individuals or groups that contact them about specific instances of money laundering in B.C.’s real estate sector.

How can my contribution make a difference?

This public engagement and the work being completed by the Expert Panel on Money Laundering is part of government’s Homes for BC: A 30-Point Plan for Housing Affordability in British Columbia that includes measures to stop fraudulent activity that is distorting B.C.’s housing market.

The Expert Panel will consider the feedback received through this engagement as they develop their recommendations and final report to government.

This work will help ensure that the people who live in our communities and work here are able to find affordable housing.

Details of the Consultation:

Date: November 9 to December 14, 2018

Status: Open

Location: Province-wide

Category: Business & Commerce

Type: Email, Mail