Newsletter Issues
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Canadian corporate cash in top 12 tax havens increased by 10% to over $350 billion last year, StatsCan figures show
Canadian corporations reported they have over $350 billion in Canada’s top 12 tax havens around the world, in a Statistics Canada report released this week. That’s a lot of money: equivalent to almost $10,000 per Canadian.
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Tax haven protest in Montreal
Two tax justice groups in Quebec organized a demonstration last weekend to raise awareness about corporate tax haven use.
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Unfair tax loopholes cost billions
Just four of the worst tax loopholes are costing Canada over $24 billion in annual revenues.
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Three years post-Panama Papers, what’s changed?
There was little for Canadians to celebrate as we marked the three-year anniversary of the Panama Papers scandal this week.
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NDP first out the gate with tax fairness proposals
In an interview with the Toronto Star this week, federal NDP leader Jagmeet Singh said his party will tighten at least one of Canada’s biggest tax loopholes by increasing the amount that the government taxes capital gains income
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OPACITY sheds light on ‘snow-washing’
Billions in mystery money are flowing through Toronto real estate thanks to weak federal transparency laws, reveals a joint study released Thursday by Transparency International Canada, Publish What You Pay, and Canadians for Tax Fairness.
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British billionaires flee to tax havens:
A massive Times investigation last week found that nearly a third of British billionaires are moving to tax havens
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International Women’s Day highlights need for fairer taxes
Taxes touch the lives of all women in Canada and around the world, especially in developing countries where gender inequality is most pronounced.
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Swiss bank fined over C$5 billion for enabling tax fraud in France
A Paris court this month found UBS Group AG guilty of helping rich clients hide funds
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Shocking inaction post Panama Papers
An exclusive Journal de Montréal investigation this week revealed only 12 of the 900 Canadians named in the Panama Papers have been ordered to pay back the government