| Title | : | How money laundering funded B.C. real estate | Interview with Peter German |
| Lasting | : | 6.41 |
| Date of publication | : | |
| Views | : | 31 rb |
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General Contractors laundering money in Canada Comment from : 987 123 |
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Thees is da easy! Thees is how I buy my home in da Vancouver Comment from : reality check |
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Feds to date have done nothing It has been a year that it is out in the open JT has no incentive to do the right thing Comment from : Arjan Singh |
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Money makes the world go round , world go round Admit it we all love it Just ask liittle potatoe He -she wants to be Big Potatoe Comment from : Vitus Yu |
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5 Lol ??? It's way more than that Comment from : Gigi From God |
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The Canada government makes dirty money too from dirty $$$ Why this never happens in Germany, Sweden, Switzerland or other countries!!! Comment from : kazem ahmadi |
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Naming and shaming is not going to fix the problem Ban foreign investors Comment from : newbranday |
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Casino pay money to government 60 percent so how who help them the government help them Comment from : Duong Duong |
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Well, when the Italian mafia is under trial usually their assets get surrendered and often repossessed to the government so why can’t they do that with these Chinese Comment from : David A |
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Greater Vancouver real estate price rise is unrealistic Vancouver dont have population or jobs growth like Toronto Vancouver is like Ottawo or Montreal We dont see this kind of unrealistic price rise over there This bubble must be stopped To start with completely ban non resident foreigners from buying a property Comment from : robloxian gamer gurl:D💙 |
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5 million millionsthat's a lot of loonies and toonies Comment from : P Mz |
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5 might be a little low If they are going to talk about it they should at least be honest Lol Comment from : James McAbee |
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Chinese billionaires and millionaires I guess is behind this laundering Comment from : Peta Gonkyi |
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The banks are worst than this small amounts Comment from : Poplimk |
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At least we have a government willing to do something about it now The BC liberals and Federal Conservatives let this happen for decades Clarke went out of her way to court "Chinese investment" and Harper turned a blind eye to Canadians being priced out of the market by corrupt realtor and banking practices Not that Trudeau is any better in other areas, but I have yet to hear Scheer say anything meaningful about housing Comment from : Thomas Thomas |
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I love that Canada and BC are planning to report all foreign investments to the originating countries government for tax purposes Comment from : Thomas Thomas |
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I don't think he's actually German Comment from : Gluteus Maximus |
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BC is the new Miami Florida Comment from : Dave Wigger |
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I think everyone living in Vancouver for 10-15+ years already all know this, there's no economy hub so you'd expect naturally governments needing to tax off money laundered into real estate housing to be the easy fix, this makes me shameful of wanting to be a future house buyer here 😂 Comment from : doinksauce |
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Those dirty politicians own real estates Not in their interest to see the bubble burst They would lose billions $ Comment from : Frenchkisssss |
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who to blame? government regulatory department Comment from : Yuling Li |
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5 haha I think they almost forgot a zero at the end, lol Comment from : Dave P |
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I think it's time the federal gouverment step in and put and end to foreign ownership like some countries Comment from : Asianbiker69 Canada |
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legend has it dirty money don’t have dirt on itits clean money you get in a dirty way Comment from : Legend has it Genocide |
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Duh! are people just figuring this out now? Who the heck would want to live in BC full time? It's the worst weather in the world Comment from : Steve Patterson |
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Alberta and Ontario have the highest numbers! edmontonjournalcom/news/local-news/b-c-report-estimates-billions-of-dollars-laundered-in-alberta-each-year Comment from : fanofmany71 |
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eems wqy more serious with the pad and pen Comment from : DownLow Performance Inc |
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Illegal BC bud revenue is estimated between $5 and $7 billion annually Your local criminals are buying real estate However, it's very easy to lump all the rich from China, etc as using ill gotten gains to purchase houses, isn't it? Refer to this link, it gives the estimates of illegal BC bud revenues as $7 billion wwwtheglobeandmailcom/news/national/study-sees-pot-of-gold-in-illegal-bc-crop/article1133942/ Point the finger at your local criminals and your lax punishment for drug distribution prior to marijuana becoming legal in BC Comment from : Peter Oliver |
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The dirty money from socialist countries Comment from : Aksel Ka |
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CBC ,it’s too late ,you are just realized this issue in 2019 ,really Comment from : Aksel Ka |
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You're about 15 to 20 years late on this CBC "nobody knows who's behind the money"???? Look at who owns the effing real estate! Can you say CHINA???? Can you do some real digging into the PM meeting with BILLIONAIRE CHINESE REAL ESTATE MOGULS? Comment from : La Longue Carabine |
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That's why it's called BOARDWALK Comment from : D G |
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The government is useless, especially in TORONTO RE is going crazy again especially with corrupt FORD!! Comment from : lppoqql |
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If Govt should make a Property Law 1Only Canadian citizen can buy Residential Property 2 Non Residential Property can buy Canadian Citizen , Canadian PR , Foreign Investor Non Residential Property mean Business Plazza , Or it is related business so it will create Employment 3 For first time Canadian Citizen buyer First Residential Property for Property tax charges are Regular if same person buy another Residential Property Property Tax wlii charge Regular + 25 Additional , same perosn buy third Resi Propert Prop Tax will charge Reg + 25 + 25 additional If Govt make the rule Residential Property Price not going to Increase In the future Canadian citizen can buy affordable Residential House4 If canadian citizen Sale their Residential Property and make Profit Person has to pay Capital Gain Under 3 years Capital Gain 75, 3 to 5 year @ 50 , between 5 to 8 year # 25 , 8 to 12 year @ 125 , 12 to 15 year @ 10, more than 15 year @ zero so person can not make Residential Property as a Business 5 If Canadian Citizen Rent their Residential Property consider As a Rented as Income and charge on this type income Comment from : Bhavesh Jariwala |
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Mismanagement at the highest level of our government, this was a growing problem for years and nothing was ever done Can’t wait for October Comment from : Reddy 2puke |
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This has been going on for decades The government(s) knew about it but just didn't do anything about it because they hate you Comment from : HotC&rl |
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Im a little disappointed with CBC news on these Lack of supporting source to prove how money laundering active crank up the house price, and draw conclusions early Many things contribute to house price Demand is one of those Government gets easy income from all transactions thru many different kind if taxes They would take big hit if they tighten up the real estate too much Comment from : ViniV |
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Shameless plug 🔌 Comment from : Exploring Starfield |
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Wow, how thick are our government officials? We have only been complaining about "foreign investments" for the last 5 years Comment from : Stephss |
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On three occasions myself and wife wanted to buy a place in surrey We where always priced out We both worked for the government I worked for 2 municipalities with good pay she worked for the school district in surrey As of may this year we had to leave very good paying jobs and family in BC to move to Alberta We have seen 2 properties here in Airdrie already however we have to get our employment history up Its really sad that we had to leave everything behind so we could become home owners Both myself and wife are young couples with 2 little kids I am an immigrant who came to Canads and BC was the first place I landed 10 years ago It's really sad that the government let this happen to hard working people The realtor here in airdrie told me that since January he had sold 10 properties to people who came from BC Comment from : Oluwatomi Rhodes |
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Canada is British Colony Hence, it is there for the taking, and people(con-men) take advantage of the broken system I mean, think about it, when you have politicians siting in Vic and Ottawa taking tax payers money and spending it on $10 glasses of orange juice, why not them? Canada is a colony so that mean it is new and hasn't been perfected yet!!!brFurthermore, you have people in Canada who are willing to riot over Hockey, but not when their country is being ravished by thievesbrThink like this: Native- Indians got the right to Vote in Canada only for the last 50 years Comment from : 1rezanator |
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And Real estate agents are laughing all the way to the bank 🏦 Comment from : Pablo |
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Dirty Asia moneybrbrChina and India Comment from : Horace Wong |
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And the RCMP on record said, “there is nothing we can or will do about it” Comment from : thanewage403 |
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👲 Comment from : BLUE G |
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Just confiscate all those properties and deport those Criminals Comment from : Maurixio Garcia Sanchez |
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That like 5000 Million dollar homes just last year Or 2500 Two Million dollar homes For how many years? Comment from : MrPlusses |
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Lmao CBC is about 15 years too late on this story Comment from : CabbageDestroyer🥬🔥 |
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We know it’s primarily Chinese dirty money We’ve known for many years So only now the CBC is reporting on this? When we are now in a mini Cold War with the super power? The Canadian media was complicit in this scandal for years and only now is trying to act like they are keeping others accountable Comment from : Ted Paulus |
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Is this why Julian Assang is in jail, Nombred accounts listed as property owners, As in money laundering, What more can not be told Is it because we don't want to know I can feel the shame Comment from : Jack Duffy |
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Money money money is what everyone seems to care aboutbrand when the rich are ready they will plunge this planet into World War IIIbrerasing all the people they no longer need Comment from : Diarmuhnd |
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It's a good thing CBC & the other normies won't see my comment on this from Dissenter Comment from : الإرهابي النازي الأبيض أقتل كل الأشرار المسلمة |
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If RCMP knows about money laundering, why they do not prosecuting and confiscating? Where did those experts got this figure of $53 billion? Comment from : MarkushaX |
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Remember Huawei CFO who owns multiple multi-millions mansions in Canada ?? Many CCP high officials do Inform CCP that laws are being drafted to confiscate properties acquired with money laundered Bingo !! All problems with China would instantaneously go away !! Comment from : ste woolf |
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$5B is just the tip of the iceberg You guys know well 😉 Comment from : sandeep prashar |
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5right sure CBC, it's only 5 increase from money laundering Comment from : Hiram Abif |
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Just ban Foreign ownership -_- It's simple Why the Canadian housing market needs foreign capital? Housing should be meant for local people, which is Canadian not for foreigners! Ban brforeign ownership!!!! Comment from : Claire Park |
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Everything that goes up must come down There will be a reset, back to normal This is just the beginning Comment from : Ann Juurinen |
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Trudeau's friends the Chinese Get rid of him in October Comment from : Frank Discussion |
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This is absolutely happening in Toronto as well We need to stop allowing non Canadians to buy real estate in Canada That’s literally the only way we’re going to stop it Comment from : fishernate |
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We don't just care about them driving up real estate prices we care about whom and where they got the funds to buy And who is buying the land with our water? Rely on real estate brokers to report suspicious activity? Lol Comment from : Cindy Brown |
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Why can numbered companies own residential real estate? Comment from : PuthSardaraDha |
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it will get better if gov keeps punishing and tracking down the dirty money instead of increasing parking tickets Comment from : a bc |
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