SoVote

Decentralized Democracy

Randall Garrison

  • Member of Parliament
  • Member of Parliament
  • NDP
  • Esquimalt—Saanich—Sooke
  • British Columbia
  • Voting Attendance: 67%
  • Expenses Last Quarter: $148,586.11

  • Government Page
Madam Speaker, I am really pleased to rise tonight to talk about money laundering, as this is a multi-billion dollar industry in Canada. We require serious legislative and enforcement measures if we are to curb its role in facilitating other types of criminal activity and prevent money laundering from contributing to higher housing prices due to its sheer volume and the frequent use of real estate as a way to launder proceeds of crime. I have to say that over the past decade, both the current Liberal government and the Conservative government before it have failed to devote adequate resources to the fight against the increase in money laundering and its increasing sophistication. This is becoming an increasing challenge with technological change and with the emergence of cryptocurrencies, which are quite often used for obscuring the sources of funds. I do not wish tonight to question the motives of the member for Simcoe North for putting forward this particular bill on money laundering— Some hon. members: Oh, oh!
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