The province has announced two initiatives aimed at stopping the flow of dirty money into real estate and other sectors of B.C. Finance Minister Carole James and Attorney General David Eby announce measures to reign in dirty money in real estate, horse racing and luxury cars. government)"Our goal is simple — get dirty money out of the housing market," said James. British Columbians should be able to have confidence that the real estate market is not being abused by money launderers. Real estate, horse racing and luxury cars were three areas German identified as also being vulnerable to dirty money infiltration.
Source: CBC News September 27, 2018 19:18 UTC