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Decentralized Democracy

House Hansard - 217

44th Parl. 1st Sess.
June 20, 2023 10:00AM
Context: House Hansard - 217 - Jun/20/23
Mr. Ziad Aboultaif (Edmonton Manning, CPC)
  • Jun/20/23 8:54:55 p.m.
  • Watch
  • Re: Bill C-42 
Madam Speaker, I appreciate the opportunity to ask a question of the member for Winnipeg North. He mentioned money laundering and the real estate market. We know, as reports are telling us, that the main factor causing disaster in the real estate market and inflation in the real estate market, besides government policies, is money laundering. There is a blind spot that launderers and criminals have found to break through the real estate market and make it unaffordable for the average Canadian to buy. I believe it is too late now. Although this bill is a step in the right direction, it is too late to really solve such a fundamental problem in that area. Can the hon. member tell us where the government has failed? The government did fail, we have to admit, in protecting the real estate market from launderers.
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Context: House Hansard - 217 - Jun/20/23
Mr. Ziad Aboultaif (Edmonton Manning, CPC)
  • Jun/20/23 9:49:36 p.m.
  • Watch
  • Re: Bill C-42 
Madam Speaker, I congratulate my colleague from South Shore—St. Margarets for highlighting so many aspects of this bill. It begs the question of how serious this government is about fighting money laundering in Canada and controlling this. It damages so much of the Canadian economy and lives of Canadians.
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