News Archive
2015-03-11
The work of a global commission charged with finding a way to reform the international tax system and clamp down on corporate tax avoidance starts next week in New York City.
Its members include a Nobel economist and a former undersecretary of the United Nations.
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2015-03-05
Canadian super-star Shania Twain lives in Switzerland. She says she"loves winter and needs space". But she is also set up to avoid paying taxes at home as her celebrity neighbours who make no bones about why they live there.
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2015-02-25
Women the world over pay the price for bad tax systems. How to change that is the theme of an upcoming Queen's University Women's Day Conference.
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2015-02-24
Two reports show that the government has turned the Tax Free Savings Account scheme into a financial ticking timebomb. Big price tag but benefits very few - sound familiar?
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2015-02-09
New details are out about how one of the world's largest banks appears to have helped clients hide assets and game the system. And it isn't pretty.
More than 1,800 Canadian individuals and companies are on that list. What is the Canada Revenue Agency doing about it?
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2015-02-02
Tax evasion, corruption and other financial crimes cost African countries $60Billion a year rendering it the poorest continent on the globe. Now leaders from the 54 countries of the African Union (AU) are fighting back. And it might have implications for some major Canadian companies.
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2015-01-30
Childcare, seniors care, education and roads. These things cost provinces a lot of money. Twice a year provincial premiers get together to talk serious issues - but why are they letting billions slip through their fingers because of tax loopholes and havens? It is bad fiscal management.
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2015-01-28
Some interesting digging by Canadian Press reporter Andy Blatchford has revealed the Harper government's own internal breakdown of who would get the benefit of the income splitting. It shows 68 per cent of the benefits — about two-thirds — will go to families that earn as much as $120,000 in 2015.
According to the government’s own figures, we are signing on to a measure that costs us $2.4 billion so the biggest benefits can go to families with incomes more than $233.000.
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2015-01-23
Outraged at the story that the CEO of Target who is getting a $70 million personal severance package that equals the total amount being offered to all 17,600 laid off Canadian employees? You aren't alone. Sadly the story gets even more outrageous than that. While regular workers pay tax on each and every penny of their severance, CEOs get a tax free pass on 50 per cent of income from stock options. We have to clean this up.