Close X
Tuesday, November 19, 2024
ADVT 
National

B.C. files application for Canada's first unexplained wealth order, minister says

Darpan News Desk The Canadian Press, 30 Nov, 2023 01:57 PM
  • B.C. files application for Canada's first unexplained wealth order, minister says

British Columbia's solicitor general says the government has filed the first-ever application to secure an unexplained wealth order in Canada.

Mike Farnworth says the notice of civil claim filed in B.C. Supreme Court is the start of a series of similar applications, which are powerful tools that "put those engaging in illegal activity on notice."

A statement from Farnworth says the province "will not tolerate criminals prospering in our communities" and it will pursue illegally acquired properties, luxury vehicles, money laundering schemes and businesses operating as fronts.

The minister says amendments to the Civil Forfeiture Act earlier this year allow the province to pursue "ill-gotten gains more efficiently" and compel people to explain how they acquired their wealth when there are suspicions about criminal activity.

Farnworth says B.C. will take forfeited assets obtained through unexplained wealth orders and redirect them to community safety and crime-prevention initiatives. 

He says that will help "repair the damage done by those who think that they can profit from crimes and illegal enterprises in British Columbia."

The province's statement says a hearing is expected on Jan. 11, 2024.

MORE National ARTICLES

Vancouver Police investigate homicide in Chinatown

Vancouver Police investigate homicide in Chinatown
Officers responded to West Pender and Carrall Street shortly after midnight and discovered a man who was deceased. The victim has not yet been identified and no arrests have been made.    

Vancouver Police investigate homicide in Chinatown

Canada stands ready for earthquake help: Trudeau

Canada stands ready for earthquake help: Trudeau
Thousands of buildings were reported collapsed in a wide area extending from Syria’s cities of Aleppo and Hama to Turkey’s Diyarbakir, more than 330 kilometres to the northeast. Some 18,000 people were killed in similarly powerful earthquakes that hit northwest Turkey in 1999.

Canada stands ready for earthquake help: Trudeau

Former Liberal MP seeks dismissal of charges

Former Liberal MP seeks dismissal of charges
Raj Grewal's lawyer argues that prosecutors have not presented enough evidence to find him guilty of the two breach of trust charges, and the Crown has failed to establish essential elements required for such a finding.

Former Liberal MP seeks dismissal of charges

Throne speech starts off B.C. legislature

Throne speech starts off B.C. legislature
Premier David Eby says economists are predicating a "global slowdown and potentially recession" and his government is focused on keeping the economy strong by building trade relationships and supporting businesses.

Throne speech starts off B.C. legislature

Gloomy 2023 B.C. housing forecast, but 2024 better

Gloomy 2023 B.C. housing forecast, but 2024 better
Association chief economist Brendon Ogmundson blames expected sluggish sales this year on a slowing economy and ongoing, elevated mortgage rates. The forecast predicts residential sales in B-C will skid 7.1 per cent this year before surging nearly 24 per cent in 2024.    

Gloomy 2023 B.C. housing forecast, but 2024 better

Woman dead, man critical in Surrey, B.C., attack

Woman dead, man critical in Surrey, B.C., attack
The survivor has life-threatening injuries, but police say the public is not believed to be at risk. IHIT is trying to determine if the tripped alarm and triggered sprinklers could be linked to the case.

Woman dead, man critical in Surrey, B.C., attack