Sunday, March 29, 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

Ex-senator's staff to receive $498K over abuse

Ex-senator's staff to receive $498K over abuse
The decision revealed Wednesday to award $498,000 in compensation — plus $30,000 in legal fees — comes more than a year after a four-year Senate investigation concluded there was a pattern of inappropriate behaviour by Meredith while he was a senator.

Ex-senator's staff to receive $498K over abuse

Tax watchdog to keep eye on CRA through pandemic

Tax watchdog to keep eye on CRA through pandemic
François Boileau said in an interview with The Canadian Press the CRA has agreed to be understanding with Canadians as the agency shifts back to tax-collection mode after months of focusing on doling out emergency aid.

Tax watchdog to keep eye on CRA through pandemic

No 'magic bullet' for toxic social media: LeBlanc

No 'magic bullet' for toxic social media: LeBlanc
LeBlanc told a virtual conference on democracy Wednesday if there were a simple answer, many other western democracies would have already passed such laws.

No 'magic bullet' for toxic social media: LeBlanc

Border traffic into Canada remains low: StatCan

Border traffic into Canada remains low: StatCan
The agency says the number of U.S. travellers who crossed into Canada by car in September is down 94 per cent, to a total of 64,700 trips, compared to the same time last year.

Border traffic into Canada remains low: StatCan

Better data needed to address COVID-19: Njoo

Better data needed to address COVID-19: Njoo
Having this detailed data will help delineate and then address the problem of inequality in health care, said Njoo.

Better data needed to address COVID-19: Njoo

Window shrinks for cryptocurrency work: BoC's Lane

Window shrinks for cryptocurrency work: BoC's Lane
COVID-19 has meant more people are shopping online, and foot traffic for brick-and-mortar storefronts hasn't caught up to pre-pandemic levels for many small and medium-sized businesses.

Window shrinks for cryptocurrency work: BoC's Lane