Petition: Conduct public inquiry into fentanyl money laundering in Lower Mainland real estate

November 27, 2018
31 Comments

To: Hon. David Eby, Q.C., Attorney General of British Columbia

Whereas:

  1. Police reports have been uncovered that transnational fentanyl traffickers are laundering billions of dollars every year through Lower Mainland real estate market.
  2. BC Coroners Service reports that fentanyl-related overdoses have killed 4,000 people last year alone in BC
  3. Statistics Canada data show that the median income:house price ratio in many municipalities in British Columbia now exceed 1:15
  4. Large developers such as Westbank are openly admitting that they are building luxury condos in BC municipalities exclusively for overseas investors to leave empty as investments
  5. Large developers have donated millions of dollars to political parties at federal, provincial and municipal levels
  6. The disconnect between incomes and house prices have made housing unaffordable to the vast majority of local taxpayers in those BC municipalities
  7. Skyrocketing property prices are causing rental housing to be also become unaffordable
  8. Locals being priced out of neighbourhoods and employees leaving the cities are causing many small businesses to go out of business

Therefore: We, the undersigned, citizens of Canada, call upon the Government of British Columbia to:

  1. Conduct a public inquiry to:
    1. Identify the transnational criminals who have or are  laundering money through Lower Mainland’s real estate market and bring them to justice
    2. Determine the role played by politicians at federal, provincial and municipal level, through omission or commission, to aid and abet criminals identified
    3. Determine the role played by special interest groups such as real estate boards, real estate developers and their lobby groups to prevent or delay attempts to end speculation in Lower Mainland’s real estate market
  2. Set up a special task force to crackdown on money laundering in Lower Mainland’s real estate market
  3. Seize assets of individuals who have engaged in money laundering in Lower Mainland’s real estate and use the proceeds to help the victims of the opioid crisis and to build affordable housing

 

Conduct public inquiry into fentanyl money laundering Lower Mainland real estate

  

Dear Sir,

Whereas:

1. Police reports have been uncovered that transnational fentanyl traffickers are laundering billions of dollars every year through Lower Mainland real estate market.

2. BC Coroners Service reports that fentanyl-related overdoses have killed 4,000 people last year alone in BC

3. Statistics Canada data show that the median income:house price ratio in many municipalities in British Columbia now exceed 1:15

4. Large developers such as Westbank are openly admitting that they are building luxury condos in BC municipalities exclusively for overseas investors to leave empty as investments

5. Large developers have donated millions of dollars to political parties at federal, provincial and municipal levels

6. The disconnect between incomes and house prices have made housing unaffordable to the vast majority of local taxpayers in those BC municipalities

7. Skyrocketing property prices are causing rental housing to be also become unaffordable
Locals being priced out of neighbourhoods and employees leaving the cities are causing many small businesses to go out of business

Therefore:

We, the undersigned, citizens of Canada, call upon the Government of British Columbia to:

Conduct a public inquiry to:

1. Identify the transnational criminals who have or are laundering money through Lower Mainland’s real estate market and bring them to justice

2. Determine the role played by politicians at federal, provincial and municipal level, through omission or commission, to aid and abet criminals identified

3. Determine the role played by special interest groups such as real estate boards, real estate developers and their lobby groups to prevent or delay attempts to end speculation in Lower Mainland’s real estate market

4. Set up a special task force to crackdown on money laundering in Lower Mainland’s real estate market

5. Seize assets of individuals who have engaged in money laundering in Lower Mainland’s real estate and used the proceeds to help the victims of the opioid crisis and to build affordable housing

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