Is B.C. the Wild West? Housing Loans, Money Laundering, Numbered Companies, and More
Watch our newest City Conversations "Is BC the Wild West? Housing Loans, Money Laundering, Numbered Companies, and More".Posted by City Conversations on Thursday, March 15, 2017
Private individuals, including known drug dealers, loan money to home purchasers, charging interest as high as 120 percent a year. In a single month, thirteen million dollars in $20 bills flowed through a provincially licensed casino. Companies whose names are strings of numbers, with no identifiable owners of record, buy and sell billions of dollars worth of properties. Real estate agents flip houses without the owners’ knowledge.
Is British Columbia the Wild West of illegal and irresponsible activities in Canada? Do these questionable practices exist within crown corporations and other provincial ministries? How do we stop this?
Our guides along this trail of questionable practices are Kathy Tomlinson, investigative reporter for The Globe and Mail, and Dr. Peter German, President of the International Centre for Criminal Law Reform and Criminal Justice Policy. Then it’s your turn to ask questions, express your opinions and make observations. Feel free to bring your lunch.
As always, SFU City Conversations is free and seating is available on a first come, first served basis. Don't forget to bring your lunch!