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Back at the #cullencommission today. Beginning where we left off with banks. Prof. Stephen Schneider says B.C. bank branches have been particularly vulnerable to money laundering related to the illegal pot trade and capital flight from China.
cbc.ca/news/canada/br…
cbc.ca/news/canada/br…
Livestream is here if you want to follow along: cullencommission.ca/webcast-live/
Globe and Mail getting lots of props this morning for their reporting.
Schneider is talking about the Vancouver model, and how drug money was used to fund private mortgages, helping fuel the out-of-control real estate market.
Schneider is talking about the Vancouver model, and how drug money was used to fund private mortgages, helping fuel the out-of-control real estate market.
