Mr. Speaker, bare trust deals are blamed for creating a veil of secrecy for international criminals trying to hide and launder proceeds of crime.
A B.C. inquiry is expected to focus on a loophole that exempts Canadian lawyers from reporting suspicious transactions to Canada's anti-money laundering watchdog. Now we learn that the Liberal member's firm was seized by the B.C. Law Society in April, and he has been removed from the B.C. bar.