My Opinion : I live in Canafornia and its been hard for us here over the last 10 years ! And our kids and Grand Kids do not stand a chance and that's why people are giving up! The Inquiry into Money Laundering in British Columbia has provided an excellent platform for public discussions about money laundering in our province. The inquiry and continuing discussions will help Canadians understand the problem of money laundering, explore its root causes, and develop policy and legal options. Canada is a democracy under the rule of law. All Canadians should work together to uphold the rule of law, safeguard national security and public safety, and combat domestic and international crime. The purpose of the Cullen Commission of Inquiry into Money Laundering in British Columbia (hereinafter “the Commission”) is to address the problem of money laundering in British Columbia and make recommendations on how to improve our anti-money laundering (AML) systems.1 This independent research report discusses topics concerning how Chinese Canadians in B.C. perceive money laundering and its predicate crimes, patterns and trends in the flow of money from China, Chinese foreign exchange control measures, methods of transferring funds out of China without violating the rules, grey areas and loopholes, risks of irregularities and money laundering, important geopolitical and national security factors to be taken into consideration for the development of policy and legal options, et al. The discussion of legal and policy options on issues regarding the flow of money laundering from China must take into consideration the broad context of Canada’s increasingly complicated relations with China. Canada’s relationship with China has permanently changed in the past two years. Instead of talking about friendship or confrontation only, Canada must take a more comprehensive and balanced approach with greater caution and determination in dealing with all the important issues in its relationship with China, including cooperation in combating money laundering and other organized crime. It is worth noting that the discourse in the mainstream media regarding money laundering in recent years has involved a significant component of “Chinese money moving out of China” into Canada. Numerous news reports and commentaries concentrated on “Chinese money laundering” in the Lower Mainland. I believe it is a misperception to treat money laundering in B.C. primarily as a “China” and “Chinese” problem, even though we have seen a significant number of cases involving suspects and criminals of Chinese descent. Many Chinese Canadians and immigrants in B.C. share the same concerns with other Canadians about the magnitude and harm of money laundering and its ties to organized crime. We felt outrageous to read the news stories of suspicious cash transactions in B.C. casinos, fentanyl overdoses in Vancouver, criminals living in mega-mansions, crooks making a fortune by helping immigrants to cheat, rich youngsters buying Lamborghinis with bundles of cash, and gangsters shipping supercars overseas then claiming false insurance. All of these should have been properly recorded, reported, analyzed, and thoroughly investigated. Like other Canadians, many Chinese Canadians are puzzled to know that the majority of money laundering cases in Canada have resulted in dropped charges and the accused being set free. A Chinese language media outlet once posted a news story under the title “Shocking! A Richmond VANCOUVER—British Columbia will start its own efforts to stop money laundering in light of failures by the federal government, says the province’s attorney general following Wednesday’s release of a report that places much blame for the amount of illicit cash flowing through B.C. on federal agencies. David Eby says the Cullen Commission’s highlighting of the ineffectiveness of Ottawa’s efforts mean the province has to strike out on its own. “It’s hard not to reach the conclusion the commissioner clearly did,” Eby said to reporters in Vancouver, following the report’s release. “The province needs to assume the responsibilities that previously the federal government would have done.” The report says the amount of money being laundered in B.C. is “enormous,” but it wasn’t able to conclude that money laundering has had a major effect on B.C.’s real estate prices — long a subject of speculation and debate in the province. One area where B.C. may now take over is the regulation of money services, Eby said. The report also recommends the province start its own intelligence unit to investigate money laundering. “Over the past two decades, the federal government has enacted increasingly complex legislation aimed at addressing money laundering activity,” reads the report by former B.C. Supreme Court justice Austin Cullen. ... https://www.youtube.com/watch?v=Nmk_gqg4pVI

Trudeau made the comments during a United Nations video conference back in September, but they are only just receiving attention. “Building back better means getting support to the most vulnerable while maintaining our momentum on reaching the 2030 agenda for sustainable development and the SDGs (Sustainable Development Goals)” said Trudeau. “This pandemic has provided an opportunity for a reset – this is our chance to accelerate our pre-pandemic efforts to re-imagine economic systems that actually address global challenges like extreme poverty, inequality and climate change,” he added. #mikeinthenight #thegreatreset #news DECLAIMER - WE DO NOT OFFER OR GIVE FINANCIAL ADVICE ! AS I ALWAYS SAY - DO YOUR RESEARCH - AND ASK LICENSED PROFESSIONAL -~-~~-~~~-~~-~- Please watch: "Mike in The Night ! - The Great Reset - #mikeinthenight #talkshow #Thegreatreset" https://www.youtube.com/watch?v=D3SCIZ0zge4 -~-~~-~~~-~~-~- ... https://www.youtube.com/watch?v=oqDcv0XfmoM