As former RCMP Deputy Commissioner Peter German works on his phase two money laundering investigation B.C.’s Attorney General is keeping an eye on today’s federal budget.

Dave Eby says he has seen the reports today’s federal budget will include some kind of new money laundering task force.

“Same boat as the general public in terms of waiting to see what this actually means on the ground. It is a pretty low bar I would have to say compared to where we are right now. Major prosecutions are failing, with British Columbia home to a unique model of money laundering called the Vancouver model, and the federal government telling international watchdogs that a billion dollars was laundered through Vancouver’s economy. We can do better we have to do better. I hope that this is going to be significant and we will see.”

As for Peter German’s phase two money laundering investigation looking into real estate, luxury car sales, and horse racing.

“I know that he has found some concerning information already and government is already working based on the some of the early reports hew has provided us and we will provide that to the public as soon as possible.

German’s first report found organized crime groups were using B.C. casinos as laundromats for dirty money.

Eby says the phase two final report is due by month’s end.