Comments on: Canada’s Federal Anti-Money Laundering Resources Are Unreliable: BC Public Inquiry

By: backwardsevolution

backwardsevolution — Fri, 17 Jun 2022 18:26:02 +0000

“It’s like they were designed to catch no one.”

That’s exactly what they were designed for, and all done with purposeful intent. Whenever you see a purposeful lack of transparency, you know there is a game afoot.

First, they pretend they don’t see a problem, knowing full well there is a huge problem. Second, when people start screaming at the government to investigate, they vaguely admit there MIGHT be a problem, then set up a government overseer. Third, they instruct the overseer to do nothing. Fourth, when the government is called out again for doing nothing, the government resorts to calling people “racists” in order to shut them up.

Everybody and his brother knew this was going on, yet nothing was done. When the truth is finally revealed, the government feigns ignorance: “We had no idea!” LOL

I remember a Chinese fellow saying that around 2015/2016 the smaller Chinese manufacturers were having trouble. He said they decided there was more money to be made in the Canadian housing market than they could make in China, so that’s where they decided to put their money.

Follow the money. Look at the people who have benefited from this: politicians, lawyers, notaries, banks, realtors, large construction companies, etc. They all lobbied hard to keep the game going, but in the process they ruined a country.

By: Ron Bruce

Ron Bruce — Thu, 16 Jun 2022 22:32:05 +0000

If the Federal or Provincial governments implemented half the recommendations made by the Cullen Commission, it would take five years to turn the corner because there are so many organizations aiding and abetting the process. Realtors, Banks, lawyers, notaries, accountants, the immigration department, policing organizations and others have become accustomed to having their hands in the cookie jar.
It’s like having another economy hiding below the surface, where most taxpayers don’t get a chance to participate but are the recipients of the economic consequences.

By: George

George — Thu, 16 Jun 2022 21:15:49 +0000

In reply to Jay. There is an expression in a foreign language "Going to Canada" which means Money Laundering...

By: Heather

Heather — Thu, 16 Jun 2022 21:06:30 +0000

I was directed by this site to read Sam Cooper’s ‘Wilful Blindness’ about real estate and drugs in Vancouver over the past 30 years.
Since the Feds didn’t help, I can only think they are in on the take too.
Thirty-one MILLION complaints??? Well, get a bunch of them, plug the names in a computer system, and find the repeat offenders. Arrest, detain, fingerprint, iris scan, DNA test, pull all passports, and do forfeiture on everything in Canada. Send notices to every law enforcement agency on the planet. Gee, a bit of work, but really, we are talking about the financial future of Canada.
I guess Silver Donald Cameron who wrote ‘Blood in the Water’ was right too. Canada’s laws don’t work anymore.

By: Jay

Jay — Thu, 16 Jun 2022 20:38:08 +0000

I don’t usually complain but this article is really bothering me since I knew this was been going on for many years reading it in the papers hearing it from Sam Cooper he had a huge blog on it in black-and-white and this useless government did absolutely nothing but make it harder for people so my belief is that Canada is in the top three crime countries in the world led by a useless government .
Call pathetic.

By: Trader Jim

Trader Jim — Thu, 16 Jun 2022 20:19:30 +0000

In reply to Jamie Price. My understanding is they were asked to stick to their scope, but then additionally drop securities which were in its scope. Forbes called it Scamcouver — the stock market fraud capital of the world… in 1989. No one’s addressed it since.

By: Trader Jim

Trader Jim — Thu, 16 Jun 2022 20:17:15 +0000

Not great, and I thought the criticism wasn’t going to be very harsh since they were told not to comment on BC securities and Federal recommendations.

Imagine how bad the whole situation is.

By: Ian Brown

Ian Brown — Thu, 16 Jun 2022 20:13:10 +0000

Slippery slope to Americasville when provinces feel the need to start managing its own borders independently.

By: Jamie Price

Jamie Price — Thu, 16 Jun 2022 20:11:41 +0000

How much pressure did the Fed provide on them to not criticize the methodic removal of all anti-money laundering resources?