SoVote

Decentralized Democracy

House Hansard - 42

44th Parl. 1st Sess.
March 21, 2022 11:00AM
Context: House Hansard - 42 - Mar/21/22
Ms. Lisa Marie Barron
  • Mar/21/22 3:51:37 p.m.
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Madam Speaker, we know that in 2018, the amount of money laundering was estimated at $5.3 billion just in British Columbia, my home province, through the real estate sector. We know that money laundering through home purchases is putting an upward pressure on prices. I think we can all agree on that. We need to see the Liberal government implementing transparency tools that discourage money laundering by criminals and the wealthy at a pace that is much quicker than what we are seeing today. That is why we are putting forward in this motion the need for a beneficial ownership registry that creates a means for us to shine a light on the assets and properties that are owned and may be otherwise hidden by shell companies. I am in agreement that we need to do all we can to move forward.
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Context: House Hansard - 42 - Mar/21/22
Ms. Julie Dzerowicz
  • Mar/21/22 5:22:21 p.m.
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Madam Speaker, I would say I am very proud of our government and the promises that we have kept. Many of them I mentioned in my speech, including increasing taxes on the wealthiest 1%, reducing them on the middle class, supporting our families both with respect to introducing the Canada child benefit and now a national child care plan, which all provinces and territories, except for Ontario, have already signed on to. There have been many other promises to try to reduce income inequality and create tax fairness in this country. In terms of the publicly accessible beneficial ownership registry, I fully support it and am very proud that our government has committed to implementing it. Money laundering is indeed a very serious issue. It is one that is increasing in complexity, so I support this program and I absolutely support continuing to encourage our government to implement it as quickly as possible.
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