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HomeStandard Blog Whole Post (Page 132)

News item: Just in time for Christmas, TransLink opens an online souvenir store

Coffee mug, for that superior joe. (theBreaker)

Buy a wayfinding throw pillow ($59), SeaBus bottle ($25.95) or SkyTrain scale model ($20) to remind yourself of all the times the Metro Vancouver transit system has been out of service and the shock you get when that tax bill to pay for it comes. 

theBreaker suggests TransLink offer even more designs, like the following. 

 

 

 

 

The Bus Bridge T-shirt, when you really need it. (theBreaker)

Keep your spirits up. A flask, to hide your hooch from the Transit Police. (theBreaker)

A soft pillow, for the end of a long day of riding TransLink. (theBreaker)

News item: Just in time for Christmas,

Bob Mackin

British Columbia’s public sector pension investor is listed in the Paradise Papers, the database of offshore investments leaked to a German newspaper and published by the International Consortium of Investigative Journalists.

B.C. Investment Management Corporation, which goes by the brand bcIMC, reported $135.5 billion in assets under management for the year ended March 31, 2017. 

bcIMC and several related companies are in the database, including a bcIMC company registered in Bermuda at the tax haven’s now famous Appleby law firm. 

The database, which was published Nov. 17, shows bcIMC (USA) Realty Investments LP was incorporated July 23, 2013 at a Canon’s Court address in Hamilton, Bermuda. 

Before that, however, three bcIMC entites were shareholders of China Homes Limited, a company incorporated in Bermuda on Oct. 6, 1997 that closed Dec. 30, 2009. Its auditor was the Shanghai office of PricewaterhouseCoopers. 

China Homes shareholders included bcIMC International Real Estate (2002) Investment Corp., bcIMC International Real Estate (2002A) Investment Corp., and bcIMC (WCB AF) Investment Real Estate Investment Corp., all with registered offices at the Vancouver law firm Lawson Lundell. 

For a brief period — from March 15, 2002 to Nov. 13, 2002 — bcIMC’s 2014-retired CEO Douglas Pearce and vice-president of real estate

The 2014-retired Douglas Pearce (bcIMC)

Charles Swanson were directors of China Homes. The ICIJ database listed Pearce’s Brentwood Bay residence and the bcIMC office address.  

Lawson Lundell is also the firm where BC Liberal leadership candidate Michael Lee was a partner from 2004 until he was elected to the Legislature last May in Vancouver Langara. Lee originally joined the firm in 1997 as an associate. His name appears on a B.C. Securities Commission form for an $849.6 million bcIMC Realty Corporation share offering in June 2015. 

China Homes Limited does not appear in the most-recent edition of bcIMC’s investment inventory. 

There are, however, 69 entities with China in their names. They amount to share values totalling $993.4 million. Another eight include Beijing in their names, totalling almost $50 million in share value. Many of the investments are in state-owned-enterprises. 

Among the biggest of bcIMC’s China holdings are China Mobile Ltd. (15.49 million shares worth $223.3 million at the time of the inventory), China Construction Bank (133 million shares worth $110.3 million), China Merchants Bank (22.5 million shares worth $61.2 million), Bank of China (113 million shares worth $60.7 million) and PetroChina (63.75 million shares worth $54.9 million). 

Contacted by theBreaker, bcIMC refused to comment. bcIMC chair Peter Milburn and Finance Minister Carole James did not respond. 

Appleby has claimed to be the victim of a professional hacker. In a Nov. 5 statement on its website, it says it has committed no wrongdoing. “We are a law firm which advises clients on legitimate and lawful ways to conduct their business.”

Bob Mackin British Columbia’s public sector pension investor

Bob Mackin

The NDP government has yet to order an inquiry into the former BC Liberal government’s preparations for the 2017 wildfire season, or its own performance during the first weeks of John Horgan’s premiership. 

But it is ordering 2,000 baseball caps as souvenirs of British Columbia’s worst wildfire season on record. 

Yes, souvenir hats. 

The B.C. Wildfire Service advertised on the B.C. Bid procurement website, seeking quotes for 2,000 embroidered navy FlexFit cotton blend caps, with the BCWS logo on front and “B.C. Wildfires 2017” on the back. 

Deadline for bids was Nov. 7.

Spokesman Jeremy Uppenborn said the Ministry of Forests, Lands, Natural Resource Operations and Rural Development wouldn’t comment on the budget until after bids are received and a contractor is chosen. Uppenborn said the government gave mementoes, such as plaques, coins and pins, in previous years, but did not provide any examples. 

Who will get them? 

“Those that gave significant time working on the fires for BCWS, including employees, out of province/country crews, etc.,” said Uppenborn by email. “Some agencies that provided support will receive plaques for their contribution to the fire season.”

The government is also seeking a contractor to perform an economic impact assessment. Uppenborn said an independent, external review of BCWS and Emergency Management B.C. is expected, but a “decision is still being made” about who will conduct the review. 

Former Manitoba Premier Gary Filmon led a review of the 2003 wildfire season. 

Survivors of the Plateau and Elephant Hill wildfires told theBreaker that structural protection crews failed to save their buildings from wildfires. 

Bob Mackin The NDP government has

theBreaker welcomes IntegrityBC’s Dermod Travis to this week’s podcast.

Hear his grade on four months of NDP rule in British Columbia and his thoughts on deficiencies in the new campaign finance law. 

Plus regular features and commentary, including a look at news headlines around the Pacific Rim and Cascadia. 

Catch up on previous podcasts or enjoy them again for the first time: Nov. 5 edition, featuring Glenn Greenwald and Nov. 12 edition, featuring Sean Holman.

Support theBreaker.news for as low as $2 a month on Patreon. Find out how. Click here. 

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theBreaker welcomes IntegrityBC's Dermod Travis to this

Bob Mackin

News flash: BC Liberal delivered something on-time and on-budget. 

What a wiener: ballpark frank connoisseur Sam Oliphant scored a mysterious $7,000 payday  in June. (Twitter)

But, in true BC Liberal fashion, it isn’t so simple. 

Sam Oliphant became Christy Clark’s press secretary after the 2013 election, but quit in Febuary 2016 to become a lobbyist and consultant with Kirk and Co. Kirk is the BC Liberal-aligned public relations firm and multimillion-dollar B.C. government contractor.

theBreaker has learned Oliphant made a comeback in the dying days of the BC Liberal dynasty. The Office of the Premier hired Oliphant on a confidential, $7,500-maximum, no-bid contract from June 15 to 23, to “provide writing services.” 

June 15 was, coincidentally, the last day of Oliphant’s undertaking to lobby the Transportation ministry on behalf of Sqomish Sea to Sky Developments LP. 

The contract, obtained under the freedom of information law and published below, contains few details about those writing services, except that Oliphant was to report directly to deputy minister of corporate policy Neil Sweeney.

The contract was signed by Clark’s other deputy minister, Kim Henderson. Under description of services, it only says: “In response to request by the province, the contractor will provide the province with writing services.”

There was no engagement or assignment letter to explain the nature of the writing services. 

The contract was originally worth $5,000 maximum, but it was increased to $7,500 on June 20. 

Oliphant invoiced the government for $7,402.50, including GST, on June 23. He claimed 47 hours of work at $150 per hour between June 15 and 19.

What writing did Oliphant deliver?

No prose was disclosed to theBreaker.

Oliphant has not responded to phone and email messages from theBreaker.

The Office of the Premier’s most-important and best-known written product in June 2017 was recited in the Legislature on the afternoon of June 22 by Lt. Gov. Judith Guichon. The biggest gamble of Clark’s political career.

The Speech from the Throne totalled 5,721 words and was quickly branded the “Clone Speech,” because it copped numerous spending and policy planks from the NDP and Green election platforms. 

Platforms that the BC Liberals spent millions of dollars to oppose in the spring election campaign. 

A week after the “Clone Speech,” on June 29, the Greens and NDP ganged-up to topple the Clark Clique in a 44-43 vote of no confidence. Clark failed to spark another election. Guichon tapped John Horgan to become the next premier. Clark resigned as BC Liberal leader in late July.

Support theBreaker.news for as low as $2 a month on Patreon. Find out how. Click here. 

OOP-2017-73141 Oliphant Public Affairs by BobMackin on Scribd

Bob Mackin News flash: BC Liberal delivered

Bob Mackin

The founder of a company that sold carbon offsets to the now-defunct Pacific Carbon Trust got a $10,000 no-bid contract from the Office of the Premier before Christy Clark’s BC Liberal government fell in June, theBreaker has learned. 

One Ton Consulting Inc. was contracted from June 13 to 30 at $175 per hour, to a maximum $10,000, to “provide policy advice related to innovation and clean technologies.”

theBreaker asked under the freedom of information law for a copy of the contract, correspondence and a copy of the deliverables. The government only released a service contract checklist and email between government administrative staff, who referred to the contract as “confidential.” 

Clark smiles as Tansey shakes hands with Ayala Corporation executives in Manila. (BC Gov)

Corporate registry documents show that One Ton Consulting Inc.’s only officer is its president and secretary, James Tansey. Tansey launched the company in 2008 as One Ton Merchandising Ltd.

Tansey is a University of British Columbia business professor whose Offsetters Climate Solutions sponsored the Vancouver 2010 Winter Olympics. It aimed to sell carbon offsets at $25-a-ton to governments and Olympic sponsors. Now known as NatureBank, Offsetters sold more than $1.6 million of the controversial carbon credits to the Pacific Carbon Trust in 2011 and 2012 combined. 

A leaked February 2013 letter to Justice Minister Shirley Bond included Tansey’s complaint over Auditor General John Doyle’s investigation that slammed $6 million in carbon offset spending by Pacific Carbon Trust. The Crown corporation hired the BC Liberal-friendly lobbying firm Wazuku to counter the audit by Doyle, who took a job in Australia after the BC Liberals moved to limit his second term. 

Also in February 2013, Clark gave Tansey a Queen’s Diamond Jubilee Medal for environmental contributions to B.C.

In May 2016, Tansey, in his role as the executive director of the UBC University Sustainability Initiative, was in Manila for meetings with Philippines-based real estate and development giant Ayala Corporation during Clark’s trade mission. Clark was photographed with Tansey at the signing of a letter of intent for Ayala to develop research and training with UBC. 

Tansey did not respond to theBreaker’s phone or email messages about One Ton’s $10,000 no-bid contract.

On  June 29, the Greens and NDP ganged-up to topple Clark’s BC Liberals in a 44-43 vote of no confidence over the throne speech. Lt. Gov. Judith Guichon tapped John Horgan to become premier. Clark resigned as BC Liberal leader in late July.

Support theBreaker.news for as low as $2 a month on Patreon. Find out how. Click here. 

One Ton Consulting FOI by BobMackin on Scribd

Bob Mackin The founder of a company that

Debbie Liang, Gurshan Dhaliwal, Faith Marere, Xinhao Guo, Jiwon Lee and Rocky Xie

When the city hosts the Honda Celebration of Light every summer, do Vancouver taxpayers get bang for the buck? 

Or does their hard-earned money go up in smoke? 

(Honda Celebration of Light)

The annual tradition since 1990, spread over three nights in English Bay, sounds like the perfect party in the most-favourable weather period of the year. However, few seem to know how much it costs the public to make it happen.  

Vancouver city hall says it spends $800,000 on policing, garbage removal and traffic control. All of this money comes from property taxes, the city’s primary source of revenue. The lion’s share, $750,000, is for crowd control by the Vancouver Police Department, which deals mainly with alcohol-related incidents and assaults.

Teams from Japan (July 29), United Kingdom (Aug. 2) and Canada (Aug. 5) appeared at the 2017 festival, to which the provincial government also contributed $250,000 ($100,000 via the Tourism Events Program and $150,000 from the Community, Sport and Cultural Development ministry). 

The Honda Celebration of Light is, as a result, a costly event and city hall gets no direct revenue.

The producers of the celebration, production company BrandLive, work for the non-profit Vancouver Fireworks Festival Society. The revenue from sponsorship and its limited ticket sales goes directly back to the event, which costs $2.6 million (including the city subsidy). 

For those who want a prime view, with a little less crowding, VIP tickets cost $49 for the YVR Observation Deck Bleachers all the way to $5,000 for a business class cabana that holds two dozen. Members of city council and senior managers get special access, where they get to rub shoulders with corporate executives and lobbyists. Coun. Raymond Louie was part of the 2017 jury that awarded Japan’s Akariya Fireworks best-in-show. 

A May 8, 2017 report to the Vancouver Board of Parks and Recreation said the event draws an estimated 400,000 per night and boasts “over $40 million annually in incremental tourism and hospitality spending.”

BrandLive estimated a $173 million “direct economic” benefit was generated for the city in 2017. While that sum is worth rejoicing, it tends to mainly benefit the restaurants, bars and hotels around English Bay, and does little for an area like Marpole or Chinatown. Vancouverites who want nothing to do with the event are still forking over their property taxes and not gaining direct economic benefit. Moreover, BrandLive has not specified whether the $173 million is additional revenue, so we should consider what the counterfactual revenue is. 

“The values of the event are based on community, and providing a space, which is free, to unite and connect family and friends,” said BrandLive producer Jessica Prior.

But is it really free? 

The economic benefit cannot, however, be only calculated in monetary value. The utility of the event was concluded via non-scientific surveys conducted via questionnaires on kiosks set-up near English Bay and Second Beach, and used by a relatively slim minority of the 400,000-a-night. The results: a 9-out-of-10 enjoyment rating, with 82% of attendees planning to return, and 82% saying they would recommend it to friends or family.  

There is a possible voluntary response bias. Those who tend to express the views are the ones who either really enjoyed the event, or the opposite. The survey may not be an accurate representation of whether the people in Vancouver want or enjoy the event. The survey was only given to the attendees, who are much likelier to be in favour of the event. The non-attendees (two-thirds of Lower Mainland residents) are, as a result, underrepresented.  

To city hall, there is surely an economic benefit, but only “by assumption,” admits assistant city manager Wendy Au. 

“This can be considered an economic engine that brings in tourists, visitors, locals to prosper our restaurants, hotels, retail stores,” Au said. “So, in return all the spending create jobs, businesses, giving the city a good reputation that companies want to come and set up offices here, create employment.”

According to BrandLive figures, 17% of attendees are from outside B.C. and 13% from other regions of the province. 

The event had some influence on drawing 71.5% of out-of-region visitors. Of those, 60% (about 87,500) said they paid for lodging. 

It is possible that not all of these attendees were attracted by the Honda Celebration of Light alone, since the city suggests that many came for the annual Pride Festival that follows the fireworks festival.  

There are also adverse impacts that are often overlooked. BrandLive’s Prior said that the fireworks are approved by the Canadian Explosives Regulatory Division and the smoke is “designed to dissipate quickly.” When we interviewed Au, she said that all events have to be approved in several steps, via the city’s risk management team, the legal department, and fire department. Fireworks shells that wash-up on the shore are removed from the beaches following the event.  

Nonetheless, environmental concerns about fireworks displays in general were raised in a study by the U.S. National Oceanographic and Atmospheric Administration. The results appeared in the August 2015 issue of Atmospheric Environment. Scientists found fine particulate matter — like dust, dirt and soot — rose an average 42% every Fourth of July. Fine particles can lead to respiratory illness, heart disease and stroke.

Mayor Gregor Robertson, who lives near English Bay, desires Vancouver to become the world’s “greenest city” by 2020. The city encourages public transit during the event and has sophisticated plans to control waste. BrandLive said there are over 40 recycling stations and 60 additional garbage totes around the event site. However,  social media users published photographs during the 2017 festival that showed several permanent streetside receptacles at West End access routes that were covered in plastic for apparent security reasons. 

The initial question about the negative air pollution from fireworks remains unanswered. In addition, large-scale city events in the West End, including Pride and the 4/20 marijuana festival, spur complaints from people living around the event site, especially senior citizens and people with mobility issues who are inconvenienced by the road closures.

The Honda Celebration of Light is undoubtedly popular, as the biggest non-ticketed festival in Western Canada. Yet much quantitative information is not apparent to the public eye.  

After examining the statistics and weighing the costs and benefits of this event, Vancouverites can make a more informed decision. 

Is the Honda Celebration of Light a blast or a fizzle?

Debbie Liang, Gurshan Dhaliwal, Faith Marere, Xinhao Guo, Jiwon Lee and Rocky Xie are Economics 210 students at the Vancouver School of Economics at the University of British Columbia.

Debbie Liang, Gurshan Dhaliwal, Faith Marere, Xinhao

Bob Mackin 

Is lame duck Coun. Andrea Reimer the co-author of her own misfortune? 

Vision Vancouver city councillor Andrea Reimer’s condo was marketed to Chinese real estate investors (VanFun)

Her party, Vision Vancouver, has enjoyed control of Vancouver city hall since 2008. Its three election wins were fuelled heavily by unregulated donations from real estate tycoons who, in turn, benefitted from city council rubber stamps so they could build towers and mansions for rich investors from China. Mayor Gregor Robertson’s party broke its 2008 promise to end street homelessness by 2015, the Olympic city became one of the world’s most-expensive places to live and the rental vacancy rate is a minuscule 0.7%. 

At the Nov. 14 city council meeting, Robertson, Reimer and the rest of the Vision majority passed a bylaw to regulate Airbnb and other short-term rentals. Before Reimer voted in favour of the $49-a-year business licence scheme, she revealed that she is looking for a new home. 

“I was a bit amazed by how many owners talked about how hard it is to find renters. As someone who has been evicted for the second time in 16 months, just got home yesterday [from the United Nations climate party in Bonn] to get my eviction notice on the table. Because of speculation and flipping, I’ve been evicted 11 times now in the last 20 years,” Reimer told city council. 

“There’s lots of us looking for places to live and many of us are quite good tenants. I’m not making a pitch for any of you to offer me your place, but to say it does occur to me there is a gap here in helping landlords find the tenants they need.”

Reimer gave no details about her abode, which she must vacate by February.

But theBreaker can tell you that she lives in a penthouse and the eviction was inevitable.

The 770-square foot “penthouse 1” is in a 12-storey tower in the Norquay Village neighbourhood. The condo was assessed at $599,000, but listed for sale in September at $799,000. The listing was even promoted on the VanFun website, which targets Mainland China real estate investors. 

Inside Vision Vancouver Coun. Andrea Reimer’s penthouse. (VanFun)

According to the listing, Reimer’s penthouse boasts “stunning panoramic views” in the building developed by Thind Properties. Reimer’s landlord is, according to the property registry, student Michelle Andrea Ko. It is not known what Reimer paid for rent. She did not respond to theBreaker’s interview request.

“This fully air conditioned open plan two bedroom and study and two bathroom offers a large living area,” says the sales shpiel. “Outside, the spacious private 585 square foot convertible patio. Stainless steel appliances, quartz countertops, hardwood floors and spacious windows create an outdoor lifestyle that maximizes spectacular views.”

Reimer revealed earlier this fall that she won’t run for a fourth city council term in 2018. 

Reimer isn’t the only Visionista penthouse-dweller. In August 2015, Robertson bought a $1.68 million penthouse overlooking the Haywood Bandstand at Alexander Park near English Bay. It was renovated and featured earlier this year in the high-end Monte Cristo magazine

Vision donors include tycoons Peter and Bruno Wall (Wall Financial), Ian Gillespie (Westbank Developments) and Terry Hui (Concord Pacific). The party also shared a bagman with the BC Liberal Party: condo marketer Bob Rennie. 

Gillespie hosted Robertson for a mysterious Saturday afternoon meeting at the Westbank office in May 2015Gillespie’s company is behind the controversial “Fight For Beauty” exhibit at the Fairmont Pacific Rim hotel and has flogged Vancouver condos to buyers at exclusive events around Asia. Robertson went on an unannounced trade mission to Beijing and Shanghai in early September. 

Support theBreaker.news for as low as $2 a month on Patreon. Find out how. Click here. 

Bob Mackin  Is lame duck Coun. Andrea Reimer

Bob Mackin 

The Richmond company reeling from headlines about suspected money laundering by high rollers from China at its flagship casino wants a judge to stop the B.C. NDP government from releasing more documents to the media unless it is consulted first. 

Richmond casino stung by money laundering headlines (GCG)

Lawyers for Great Canadian Gaming Corp. notified the Ministry of the Attorney General and Office of the Information and Privacy Commissioner that they will appear Nov. 14 at the Law Courts in Vancouver to ask for a court order. 

Great Canadian’s Nov. 9 petition to B.C. Supreme Court says the government plans to release the second phase of documents to a reporter on Nov. 14. Great Canadian contends the government has a duty under the Freedom of Information and Protection of Privacy Act to consult it before any documents are disclosed.

“GCGC will suffer irreparable harm if the phase two disclosure is released without being provided with an opportunity to make the representation it is statutorily entitled to make,” said the court filing by lawyer Louis Zivot. “Once phase two disclosure is released to the public, the disclosure of information harmful to GCGC’s business interests cannot be undone.”

Documents released Oct. 6 to a reporter, and published two weeks later on the government’s FOI website, intensified public scrutiny of Great Canadian’s River Rock Casino Resort in Richmond. Postmedia’s Sam Cooper reported that a Gaming Policy and Enforcement Branch memo released in the first phase said 135 high rollers from the real estate industry accounted for $53.1 million of cash buy-ins at River Rock in 2015 and that the head of the agency, John Mazure, deemed money laundering at casinos a “viable threat to public safety.” 

theBreaker was first to report on a July 2016 MNP investigation of suspected money laundering at River Rock that was finally released Sept. 22. MNP found that $13.5 million in $20 bills were accepted at River Rock in July 2015 and some gamblers made single cash buy-ins in excess of $500,000 with no known source of funds. The previous BC Liberal goverment suppressed the report before the May election. NDP Attorney General David Eby appointed anti-money laundering expert Peter German, a University of B.C. law professor and former head of the RCMP in Western Canada, to investigate. 

The Great Canadian court petition says it was given no notice that the MNP report and the other documents would be disclosed, nor did it get the chance to explain why certain confidential information about its business operations should have been censored from those documents. It said the ministry had reason to believe the information would be excepted from disclosure under section 21, the “disclosure harmful to business interest of a third party” clause of the public disclosure law.

The petition says Great Canadian lawyers wrote to the ministry on Oct. 23, asking for no further disclosures until the company is allowed to review the records and make submissions. It claimed GPEB said the ministry would consult it if and when all three parts of section 21 apply: whether the records reveal trade secrets or commercial information; whether information was supplied in confidence; and whether disclosure would reasonably be expected to harm a third-party’s competition or negotiations. 

Great Canadian claimed a ministry analyst told it that further phases may be released without consulting Great Canadian, so the company complained on Oct. 31 to the Office of the Information and Privacy Commissioner. It said a delegate of the commissioner initially advised that the ministry was ordered to suspend further disclosure, pending an OIPC investigation. A different delegate, on Nov. 6, said the commissioner would not prevent the ministry from releasing the second phase of records. 

Great Canadian argues that OIPC erred by breaching the rules of natural justice and procedural fairnesss by refusing to order the ministry to make no further disclosures until the completion of its investigation. 

The dispute between Great Canadian and the government appears to have caused a slowdown in disclosing related files sought by theBreaker. B.C. Lottery Corporation and the Attorney General’s ministry delayed the release of internal documents until Jan. 5. The Finance ministry, which was responsible for gambling marketing and regulation before the NDP, referred a request for quarterly anti-money laundering reports to BCLC, which said it would respond or invoke another delay by Dec. 21. 

Great Canadian Gaming CEO Rod Baker (GCG)

Jessica Gillies, the Finance ministry’s FOI manager, refused to tell theBreaker whether officials found the reports in the ministry’s custody. Eby spokeswoman Megan Harris said they did not.

The same day that Great Canadian filed the court petition, it told shareholders that it earned $26.9 million on $159.6 million revenue during the quarter ended Sept. 30. 

Great Canadian CEO Rod Baker sought to ease the concerns of stock analysts in a Nov. 9 conference call that was dominated by questions about the money laundering scandal. Baker denied the company is under investigation and maintained that it follows all laws wherever it operates. He said business at River Rock has not been impacted by the money laundering headlines, but neither has the controversy gone unnoticed. 

“We have guests and other stakeholders that have been asking questions, and fair enough on them, if they’re reading things like this,” Baker told analysts. “And we’ve properly informed our team members to address those questions in a thoughtful manner, as we have done, I think in a very diligent and transparent fashion through our extensive release on Oct. 23.”

River Rock is undergoing renovations to add 140 slot machines and new food and beverage facilities. The number of slot machines was temporarily reduced between 100 and 200 during the quarter. While wagering increased at River Rock during the quarter, table hold fell. 

“Our guests are happier this quarter than our shareholders, for sure,” Baker said. “We’ve seen these kind of fluctuations quarter-to-quarter and we’re not particularly happy about it, other than I just said the guest side.”

Great Canadian’s stock price hit $35.15 on the Toronto Stock Exchange on Sept. 15 after the Ontario government chose it and Brookfield Business Partners the previous month to operate three casinos in Greater Toronto, including one at the Woodbine race track. 

On Nov. 10, the day after the quarterly report, Great Canadian stock closed at $29.71. 

Ontario’s Progressive Conservatives wanted the governing Liberals to delay the deal with Great Canadian pending the results of German’s investigation. 

A spokesman for the Alcohol and Gaming Commission of Ontario said it is in contact with GPEB in the wake of the B.C. headlines.

“The AGCO is conducting its own review to determine what reporting or other obligations the AGCO may require from Great Canadian Gaming,” said AGCO’s Ray Kanhert. “As well, the Ontario Provincial Police (OPP) Bureau within the AGCO is working with the RCMP for information it may have to share.”

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Great Canadian Gaming FOI Petition by BobMackin on Scribd

GPEB Money Laundering Response_Package_FIN-2017-71581 by BobMackin on Scribd

Bob Mackin  The Richmond company reeling from headlines

Join host Bob Mackin for the Nov. 12 edition of theBreaker.news Podcast, including a look at headlines around the Pacific Rim and Cascadia and a commentary about the good behaviour of politicians on Canada’s West Coast.

This edition features journalism professor Sean Holman’s speech from the 2017 B.C. Information Summit on the state of freedom of information and democracy in Canada. 

Plus, learn how you can support theBreaker for as low as $2 a month on Patreon.

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theBreaker.news Podcast: If we have a democracy, then why default to secrecy?
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Join host Bob Mackin for the Nov.