Sunday, February 8, 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

Canada ready to fight U.S. protectionism: Trudeau

Canada ready to fight U.S. protectionism: Trudeau
Trudeau says in an Ottawa news conference today that U.S. barriers to Canadian imports hurt Canadian businesses and workers but they hurt Americans, too.

Canada ready to fight U.S. protectionism: Trudeau

Police cite crime dip in first months of pandemic

Police cite crime dip in first months of pandemic
Statistics Canada says 17 police services across Canada reported that selected criminal incidents were down by 17 per cent compared with the same period a year earlier.

Police cite crime dip in first months of pandemic

Airline bailout may rely on scorned loan program

Airline bailout may rely on scorned loan program
The program offers loans of $60 million or more to large companies facing cash problems, but comes with an interest rate that jumps to eight per cent from five per cent after the first year — far above typical private-sector lending rates.

Airline bailout may rely on scorned loan program

Brief, bitter storm brings snow to parts of B.C.

Brief, bitter storm brings snow to parts of B.C.
The weather office is calling for as much as 10 centimetres of snow at higher elevations of Vancouver's North Shore, along with parts of Coquitlam and Maple Ridge, while areas closer to sea level could see up to two centimetres.

Brief, bitter storm brings snow to parts of B.C.

Beloved Canadian legendary game show host of Jeopardy Alex Trebek passes away after losing his battle to cancer

Beloved Canadian legendary game show host of Jeopardy Alex Trebek passes away after losing his battle to cancer
Trebek was born on July 22, 1940, in Ontario, Canada. He got a BA in Philosophy from the University of Ottawa but kept his eye on the dream  about a career on TV.

Beloved Canadian legendary game show host of Jeopardy Alex Trebek passes away after losing his battle to cancer

Surrey RCMP seek help identifying a man suspected of property damage

Surrey RCMP seek help identifying a man suspected of property damage
Surrey RCMP is requesting assistance from the public with identifying a man associated to several incidents of mischief that occurred in South Surrey.

Surrey RCMP seek help identifying a man suspected of property damage