Report cites high risk criminals are hiding billions of dollars in Toronto real estate | CBC News

“‘Snow-washing’ proceeds of crime inflating prices of GTA homes,” according to CBC News.

BC Vancouver Real Estate News report-cites-high-risk-criminals-are-hiding-billions-of-dollars-in-toronto-real-estate-cbc-news Report cites high risk criminals are hiding billions of dollars in Toronto real estate | CBC News General  rew

Report cites high risk criminals are hiding billions of dollars in Toronto real estate | CBC News

Transparency International Canada report called “Opacity: Why Criminals Love Canadian Real Estate” analysed 1.4 million home purchases since 2008 and found the true owners can be hidden behind corporations or through the use of unregulated lenders.

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