Sunday, June 7, 2026
ADVT 
National

B.C. money laundering final report will be delayed

Darpan News Desk The Canadian Press, 10 Dec, 2020 11:52 PM
  • B.C. money laundering final report will be delayed

The commissioner of the British Columbia public inquiry into money laundering says his final report will be delayed beyond the original May 2021 deadline.

British Columbia Supreme Court Justice Austin Cullen has released an interim report detailing the progress of the inquiry since hearings started last October, but he says he needs more time beyond the May 15 deadline set to release recommendations to the B.C. government.

Cullen says in a statement the broad range of the issues being addressed, the length of the hearings, the effects of the COVID-19 pandemic and challenges obtaining documents are all responsible for the delay.

The New Democrat government established the inquiry in May 2019 after reports outlined the extent of illegal cash at casinos and the impact of laundered money on the high price of real estate.

The inquiry has heard testimony from two former police officers who say their concerns about organized criminals and illegal cash at casinos were not properly addressed.

Attorney General David Eby says in a statement he's concerned about the commissioner's ongoing problems getting co-operation from the federal government.

Eby says he's most troubled by the apparent failure of Fintrac, the federal anti-money-laundering agency, to share what it knows with the commission about what is happening in British Columbia.

"I never expected anything but full co-operation from Canada's only major anti-money-laundering agency. To have anything short of that, given the agency's stated mandate, is surprising and inexcusable," Eby says in the statement.

Cullen's interim report says the commission will strive to uncover the nature and scope of money laundering in B.C. and make recommendations to ensure those involved in the fight against the crime have the tools they need.

MORE National ARTICLES

'Young people are not immune:' Premier Horgan

'Young people are not immune:' Premier Horgan
Premier John Horgan says young people are not immune to COVID-19 and he's appealing to their better judgment to help stop the rise in cases in the province.

'Young people are not immune:' Premier Horgan

Man charged in Vancouver attack on Asian senior

Man charged in Vancouver attack on Asian senior
A charge has been laid in an alleged attack on a Vancouver senior with dementia after police said they were investigating a hate crime.

Man charged in Vancouver attack on Asian senior

COVID-19 lockdowns sent seismic noise plummeting

COVID-19 lockdowns sent seismic noise plummeting
An international team of researchers used data from seismic stations in 117 countries to determine that restrictions aimed at preventing the spread of COVID-19 led to an unprecedented drop in noise.

COVID-19 lockdowns sent seismic noise plummeting

A timeline of the Liberals' WE controversy

A timeline of the Liberals' WE controversy
A timeline of events regarding the $912-million Canada Student Service Grant program, based on public events and statements from cabinet ministers, government officials, and WE Charity.

A timeline of the Liberals' WE controversy

Shooting at a South Vancouver home leaves one man injured

Shooting at a South Vancouver home leaves one man injured
A shooting in South Vancouver on Wednesday night close to Main Street has left a man injured.  Vancouver police officers were at the scene near East 53 Avenue and Sophia Street around 9:45pm Wednesday. 

Shooting at a South Vancouver home leaves one man injured

Teck swings to $149-million Q2 loss

Teck swings to $149-million Q2 loss
Teck Resources Ltd. is reporting a second-quarter loss attributable to shareholders of $149 million on a big drop in revenues due to weaker demand and resource prices during the COVID-19 pandemic.

Teck swings to $149-million Q2 loss