Top Stories

This Week’s Top Stories: Canadian Real Estate Has A Money Laundering Problem, and An Ineffective Affordability Plan

Time for your cheat sheet on this week’s most important stories.  Canadian Real Estate Canada’s Largest Source Of Money Laundered Funds For Real Estate Is… Canadians Dirty money from Canada is the biggest source of cash laundered through real estate. Global Financial Integrity (GFI) conducted a study, and found US$626.3 million ($822.7 million) of real […]

Canada

Canada’s Largest Source of Money Laundered Funds For Real Estate Is… Canadians

Canadians are world-class when it comes to real estate… money laundering. Not just when it comes to laundering foreign capital, but the domestic stuff as well. That’s the take from the data shared by Global Financial Integrity (GFI). The Washington, DC-based anti-corruption organization found significant cash laundered through real estate. They only really scratched the […]

Top Stories Toronto

This Week’s Top Stories: Money Laundering Is Responsible For 1 In 20 BC Real Estate Dollars, and Toronto Is Shrinking Condo Sizes

Time for your cheat sheet on this week’s most important stories. Canadian Real Estate Money Laundering Provided 1 In 20 Dollars For BC Real Estate The Government of BC found extensive money laundering is occurring across the province. A paper released by the province estimates $7.4 billion in laundered funds entered BC in 2018, with […]