We appear to be standing our ground!
Not my preferred choice of source but NatPo has more detail than some of the alternatives I saw. It includes some numbers as well as comments about the difference between Meta’s and Google’s approaches. Hint: they’re not the same, so there’s already cracks in the effort to make an example out of Canada.
Who’s responsibility is to prevent illegal funds from being washed through Canadian housing market? Probably not any politicians since most of them are invested in this bubble. Yeah I guess the solution is for everyone to have their fund drained by the market and for Canada to experience brain drain. I guess that’s another long term plan, I’m sure this won’t cause large social instability at some point when people get very tired for paying 4k a month for a 20 year old apartment.
That’s a very very small part of the issue, it’s just the most frustrating so that’s why people focus on it so much. The lack of social housing built/administered by the government or non profits is a much bigger issue. 100% legit corporations owning thousands of doors are much more of an issue than money laundering through the housing market.