News Archive
2016-04-27
Forget Panama, the real Canadian money goes to these tax havens. And in 2015 $270B - untaxed - was sitting offshore. And that's just the reported amounts.
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2016-04-26
Hey Canada! It's 2016. Do you know where your money is?
In the span of a single year, $40Billion Canadian flowed to the top 10 tax havens – an all time high. Tax havens now hold at least $270B of Canadian corporate money, mostly untaxed. And this was all happening while the Department of Finance and the Canada Revenue Agency was assuring us that they had it all under control.
Read on to find out the most popular tax havens for wealthy Canadians... and more importantly, how to turn this problem around.
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2016-04-22
It appears that the Parliamentary Secretary to the Finance Minister knows a thing or two about offshore tax havens.
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2016-04-21
The young auditor who blew the whistle on secret tax deals between Luxembourg and Apple, Starbucks and several powerful Canadian multinationals is going to trial next week. He’s got a message for Canadians.
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How many multi-million dollar tax dodging cases has the CRA dropped, or quietly settled?
How many more have been discussed at private cocktail parties and private luncheons instead of the formal setting of a CRA office?
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You know we've got work to do when Panama lawyers are telling their clients that Canada is a good place to set up an anonymous company.
Here's a four minute conversation between Canadians for Tax Fairness and CTV News Network that lays it out.
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2016-04-08
Why is Canada's National Revenue Minister not acting to clamp down on tax haven use and use the courts to do it? Super-wealthy clients could not be sending their money offshore with such ease if it weren't for the aggressive and secret global wealth management industry. Instead the government continues to engage with firms KPMG, which gets millions in federal contracts each year.
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2016-04-05
Economist and C4TF Board member Toby Sanger challenges some of the myths about the financial fiasco with a $32 trillion price tag.
Read on to learn the 15 Inconvenient Truths about Tax Havens
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2016-04-03
An anonymous source, 11 million leaked documents, and a year-long investigation effort by 400 journalists in over 80 countries have yielded the Panama Papers, an unprecedented look at how the world's rich and powerful from political leaders to celebrities to criminals, use tax havens to hide their wealth. Read on to find out how it works.