Monday, June 22, 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

Governor Stephen Poloz Says Bank Of Canada Watching Global Trade Impacts

Governor Stephen Poloz Says Bank Of Canada Watching Global Trade Impacts
Governor Stephen Poloz says the bank will be looking to see the extent to which weakness from manufacturing may spread to services, employment, consumer spending or housing.    

Governor Stephen Poloz Says Bank Of Canada Watching Global Trade Impacts

Bank Of Canada To Seek Nominations For Who Should Be On The New $5 Bill

Bank Of Canada To Seek Nominations For Who Should Be On The New $5 Bill
VANCOUVER - Bank of Canada governor Stephen Poloz says the central bank is working on plans for a new $5 bill.    

Bank Of Canada To Seek Nominations For Who Should Be On The New $5 Bill

Accused Pair Urge Supreme Court To Deny Hearing In Railway Terror Case

Accused Pair Urge Supreme Court To Deny Hearing In Railway Terror Case
OTTAWA - Two men found guilty of terrorism offences argue there is no need to revisit an appeal court's decision to order a new trial.

Accused Pair Urge Supreme Court To Deny Hearing In Railway Terror Case

Iranian-Canadians Killed In Plane Crash Part Of Growing Diaspora Community

If there's a sign of how Canada's Iranian diaspora has grown just over the last decade in Canada, consider the story of a festival held in Toronto to mark the Persian New Year, known as Nowruz.    

Iranian-Canadians Killed In Plane Crash Part Of Growing Diaspora Community

Questions Surrounding Cause Of Plane Crash Stir Fear, Confusion Among Mourners

Mounting questions surrounding the circumstances of a plane crash outside Tehran that left no survivors fuelled confusion and fear Thursday among those grieving the deaths of dozens of passengers bound for Canada.

Questions Surrounding Cause Of Plane Crash Stir Fear, Confusion Among Mourners

A Look At Some Of The Victims Of The Iran Plane Crash Who Had Roots In Canada

Dozens of people with ties to Canada were among the 176 who were killed when Ukraine International Airlines Flight PS752 crashed after takeoff near Tehran, Iran, on Wednesday.

A Look At Some Of The Victims Of The Iran Plane Crash Who Had Roots In Canada