BC

VANCOUVER – The authors of a report that found $47 billion was laundered across Canada last year debated whether to include a graph that indicated Alberta, Ontario and the Prairies were hotspots for dirty money, says the lead writer.…

News that some $5 billion was laundered through British Columbia's real estate market in 2018 comes as no surprise to experts, as Canada's weak money-laundering laws make it an attractive spot to park ill-gotten cash.Kevin Comeau,…

EDMONTON – Prime Minister Justin Trudeau says a report out of British Columbia on the extent that criminals are laundering their dirty money in Canada is alarming and shows that everyday Canadians are being hurt in the process.The…

VICTORIA – A report that estimates $5 billion was laundered through British Columbia's real estate market last year also lifts the lid on the extent of illegal cash moving across Canada.Some $7.4 billion overall was laundered in B.C. in…

VANCOUVER – Walking along the base of the Burrard Street Bridge that crosses Vancouver's False Creek toward the downtown core, Khelsilem gestures across a gravel lot poised to become one of the largest Indigenous urban developments in…

Decreased demand continues to allow the supply of homes for sale to accumulate across the Metro Vancouver* housing market.The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled…

On April 15th, business representatives in the BC real estate sector submitted joint recommendations to the provincial and federal governments in an effort to protect BC’s housing market from money laundering.The submission, which…

VICTORIA – The British Columbia government is examining two reports on money laundering that it hopes will help stop the flow of dirty money through real estate, luxury cars and horse racing.The province commissioned two reviews in…

Metro Vancouver home sales dipped to the lowest levels seen in March in more than three decades.The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,727 in March 2019, a 31.4…

An online auction for a luxury home in Abbotsford, B.C., is drawing attention for its novel approach, which some observers say has potential to inspire new sales even if it doesn't have any notable impact on the housing landscape.…