"At least 85 real estate companies have not implemented a plan showing how they are trying to detect money laundering and other suspicious transactions, nearly 15 years after they were required to do so, according to data obtained by The Canadian Press.

The federal anti-money laundering agency received 337 compliance reports from roughly 1,000 companies in the real estate sector it surveyed including brokers, sales representatives and developers between Jan. 1, 2013, and Feb. 8, 2016."

Read more on: www.canadianrealestatemagazine.ca