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B.C. supports Scheer's call for federal money laundering inquiry: Eby

Last Updated Sep 23, 2019 at 4:53 pm PST

Attorney General David Eby answers questions from media during a press conference at the Legislature in Victoria, B.C., on Tuesday February 6, 2018. The British Columbia government is launching separate reviews into the possibility of money laundering involved in the real estate market, horse racing, luxury vehicle sales and the financial services sector. THE CANADIAN PRESS/Chad Hipolito

VICTORIA — A campaign promise to launch an inquiry into money laundering by Conservative Leader Andrew Scheer is receiving strong support in British Columbia where illegal cash has skewed the real estate market and helped fuel the opioid crisis.

Scheer made the announcement during an Ontario campaign stop, saying the inquiry will focus on cleaning up the real estate sector.

B.C. Attorney General David Eby says he doesn’t want to wade into the federal election campaign, but any call by political parties to fight the nationwide issue of money laundering is a step forward.

The B.C. New Democrat government called an inquiry into money laundering last May following independent reviews that found crime groups were funnelling billions of dollars into illicit drugs, real estate and other parts of the economy.

Eby made the comments after speaking to a conference of crime, finance and real estate experts examining money laundering in Canada.

Former B.C. Supreme Court Justice Austin Cullen will head the B.C. inquiry, which has the power to compel witnesses to testify.

This report by The Canadian press was first published Sept. 23, 2019.





The Canadian Press