As affluent Chinese buyers – spurred by relaxed regulations and a lower Canadian dollar – flood into British Columbia’s real estate market, warnings are rising that some cash deals may contravene federal money laundering rules.Ī 2015 report from Colliers International, which looked at Chinese investments in real estate, estimated that US$18 billion had flowed from China into real estate in other countries, up from US$2.3 billion in 2010.
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