National

B.C. to ask Ottawa to change money laundering law

Darpan News Desk The Canadian Press, 02 Mar, 2023 04:25 PM

VICTORIA - British Columbia's attorney general says she will lobby the federal government to amend Canada's financial crime law after a multi-year money laundering investigation by police failed to produce any charges.

Niki Sharma says B.C. will ask for changes to the Proceeds of Crime (Money Laundering) and Terrorist Financing Act to bring Canadian law into harmony with the United States and United Kingdom.

She says the push comes after Wednesday's "frustrating" statement from B.C.'s prosecution service that no charges will be laid in the police investigation into millions of dollars that moved through British Columbia casinos and Chinese bank accounts.

Special prosecutor Chris Considine issued what is known as a "clear statement" in which he advised against charges and suggested federal law amendments to better support laundering cases.

The E-Nationalize investigation began in 2016 and concluded in 2021 with police proposing eight charges against Paul King Jin of Richmond, B.C., but Considine said conviction was unlikely.

Federal Justice Minister David Lametti was not immediately available for comment.

Prev Next

MORE National ARTICLES

Komagata Maru memorial in Canada vandalised for third time

The memorial honours 376 Indians, including Sikhs, Muslims and Hindus, who sailed to Canada from India in 1914, but were turned away by the country, which left them stuck on the ship for two months with dire conditions.

Komagata Maru memorial in Canada vandalised for third time

Canada's new anti-Islamophobia rep says sorry

The column, co-written with former Canadian Jewish Congress CEO Bernie Farber, cited polling data to say that "a majority of Quebecers" who supported Bill 21 also held anti-Muslim views. Farber and Elghawaby, a journalist and human-rights activist, were board members with the Canadian Anti-Hate Network at the time.

Canada's new anti-Islamophobia rep says sorry

Alberta's former top doctor hired by B.C.

A statement from the Ministry of Health says Dr. Andrew Larder, who previously served as a medical health officer at both Fraser and Interior Health, joins Hinshaw, and will also be on temporary assignment over the next several months.

Alberta's former top doctor hired by B.C.

Drug users say the 'fight continues' in B.C.

The meeting at the office of the Vancouver Area Network of Drug Users (VANDU) on the first day of the new policy began with a man handing out "know your rights" cards. They say people aged 18 and over carrying up to 2.5 grams of opioids, cocaine, methamphetamine and MDMA, or ecstasy, for their own use will not have those drugs confiscated.

Drug users say the 'fight continues' in B.C.

Vancouver home sales to remain flat, forecast says

While the current downturn has resulted in a price decline of about 10 per cent, the forecast says steady population growth in Metro Vancouver will underpin prices and maintain or even increase values. It says the average home price this year for apartments, attached and detached homes is expected to climb slightly to $1.2 million, a 1.4 per cent increase.

Vancouver home sales to remain flat, forecast says

U.S. launches Round 2 in dairy dispute with Canada

U.S. trade officials and dairy industry advocates say a large share of those quotas were being allocated to processors rather than producers. The U.S. says the federal government amended its policies, but that the new procedures remain "inconsistent" with the terms of the agreement, known as USMCA in the U.S. and CUSMA in Canada.