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IN THE HOUSE
on the public inquiry into money laundering in the province of British Columbia

Context : Question

Mr. Peter Julian (New Westminster—Burnaby, NDP): Mr. Speaker, $47 billion was the profit from criminal acts laundered in Canada last year under the Liberal government. Canada is now the snow-washing capital of the world. Epidemic money laundering increases housing costs and Canadians pay the price.

Liberals choose to do nothing but fake posturing. They deny the resources and tools to fight money laundering. The B.C. NDP government has taken a courageous stand and launched a public inquiry.

Will the Prime Minister show some courage and initiate a joint public inquiry, co-operating with the Government of British Columbia?

Hon. Bill Blair (Minister of Border Security and Organized Crime Reduction, Lib.): Mr. Speaker, our government takes the threat posed by money laundering and organized crime to Canada's national security and the integrity of our financial sector very seriously.

That is why, in budget 2019, we brought forward new measures to improve the transparency of beneficial ownership and to add $68.9 million to the RCMP and $50 million to CRA's real estate audit teams.

There are many important measures we are acting on, and it is disappointing that the NDP voted against those measures.

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