British Columbia news and trends

Money Laundering Causes Rising Canadian Home Prices

May 10, 2019
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Money Laundering Causes Rising Canadian Home Prices

May 10, 2019
Home prices increased about 5 percent in Canadian province British Columbia last year thanks to money laundering. According to a report in The Wall Street Journal citing government reports, the increase in money laundering is raising the prices in one of the most in-demand areas of the real estate market. About $3.71 billion of dirty money went […]