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The Cullen Commission estimated that in 2019 alone, $5.3 Billion of illicit funds was laundered through the Vancouver real estate market, which increased housing prices by 5%. [104] "The Vancouver Model" is a way for Chinese organized crime to launder revenue generated primarily by fentanyl sales through casinos. [105] In 2016, Transparency ...
The company has been described as a barometer of Vancouver's real-estate market; [13] but Wall and his firm have also been accused of driving up land values themselves. [18] Wall stepped down as director and chairman of the board in 2005 and is now its consultant and advisor. [19] Since 1994, the company's president has been Wall's nephew ...
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Prices hit a new all-time high in June 2024, with the median sale price for an existing home reaching $426,900, according to the National Association of Realtors (NAR). July’s median price was ...
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Vancouver Fire and Rescue Services are responding to 103 overdose-related emergency calls per week, slightly down from the 2017 average of 119 calls per week. The decreased rate in overdose deaths and calls could be attributed to the increase in overdose prevention and response interventions across Vancouver, emphasizing the Downtown Eastside.
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