Money laundering reports
Last updated on April 23, 2026
Expert reports help the B.C. government better understand and respond to the complex and widespread problem of money laundering.
Cullen Commission Final Report (2022)
In 2019, the B.C. government commissioned a public inquiry into money laundering. The Commission of Inquiry into Money Laundering in British Columbia, also known as the Cullen Commission, investigated the full scope of money laundering including real estate, gambling, financial institutions and corporate and professional sectors.
Supreme Court Justice Austin F. Cullen delivered the final report in 2022. The report had 101 recommendations, including 68 direct actions for the B.C. government.
Download the Cullen Commission Final Report (PDF, 16MB).
Combatting Money Laundering in B.C. Real Estate report (2019)
In 2018, the B.C. government appointed an expert panel on money laundering in real estate to look at how money is laundered through gaps in consumer protection, compliance and enforcement of laws, and other areas.
The expert panel estimated $800 million to $5.3 billion was laundered through B.C.’s real estate market, contributing to a 5% increase in house prices. Their final report in 2019 included recommendations to prevent and deter money laundering through real estate.
Download the report for Combatting Money Laundering in B.C. Real Estate (PDF, 4.79MB).
Dirty Money reports (2018 to 2019)
Also in 2018, the B.C. government commissioned Dr. Peter German to investigate money laundering in B.C., resulting in two reports.
His first report, Dirty Money, focused on money laundering in B.C. casinos.
Download Dirty Money, an Independent Review of Money Laundering in Lower Mainland Casinos (PDF, 3.6MB).
His second report, Dirty Money Part 2, focused on money laundering in B.C. construction, real estate, luxury cars, and horse racing sectors.
