by Murray Dobbin
There is a class of people and corporations in this country whose illicit financial practices have an enormous negative impact on the country and its citizens. Yet the law and order regime of Stephen Harper barely plays lip service to the issue of tax evasion through tax havens.
This week will see the launch of a new book called Imperial Canada Inc.
It sets out to ask a simple question: why is Canada home to more than 70% of the world’s mining companies?
The authors of Imperial Canada Inc., respected scholars in their fields, meticulously research four factors that contribute to the answer to this question: Quebec’s and Ontario’s mining codes; the history of the Toronto Stock Exchange; Canada’s involvement with Caribbean tax havens; and, finally, Canada’s official role of promoting itself to international institutions governing the world’s mining sector.
C4TF launched TackleTaxHavens campaign yesterday with a session on Parliament Hill .
It certainly got Canadians talking. One Ontario Conservative MP called us “radical” for asking the government to examine the growing problem of tax cheats using tax havens.
The tax haven issue has also hit the airwaves.. Take a look at this report that ran on Global National News.
James Henry, expert mondialement reconnu en matière de paradis fiscaux, sera à Ottawa le lundi 29 octobre 2012 pour participer au lancement de la campagne Luttons contre les paradis fiscaux au Canada.
La campagne sera lancée lors d'une réception sur la Colline du Parlement, qui commence à 17 heures 30 de 17 h 30 à 19 h.
James Henry, an internationally recognized authority on tax havens will be in Ottawa, Monday, October 29, 2012 to help launch Canada’s Tackle Tax Havens Campaign.
The campaign will be launched at a reception for MPs and Senators on Parliament Hill at 5:30pm.
The national campaign is organized by Canadians for Tax Fairness, a partner of the Global Tax Justice Network. It features postcards and other messages to Canadians from a cartoon Tax Dollar trapped in offshore tax havens.
Liberal Senator Percy Downe has written Parliamentary Budget Officer Kevin Page, asking that he investigate the Canada Revenue Agency’s (CRA) failure to apply sufficient resources to fight overseas tax evasion.
Tax Avoidance: first Facebook, then Starbucks, now it's Cirque du Soleil
Les stratagèmes auxquels recourent les entreprises pour éviter de payer des impôts et des taxes défient l’imagination. L’une des pratiques les plus cyniques porte sur les prix de transfert. Et l’un des exemples les plus courants est la manière dont les multinationales s’en servent pour éviter de payer des impôts et des taxes sur le lucratif commerce des bananes,
Y a-t-il encore quelqu’un qui se surprend que la Banque Royale et la Banque TD aient connu l’un des trimestres les plus rentables de leur histoire?
Nearly a quarter of all Canadian overseas investment dollars end up in tax havens. Those latest Statistics Canada figures are considered low because notorious havens like Monaco and Liechtenstein don’t share much information with Canada.
The figures show that more than half the money is flowing through the finance and insurance industry as opposed to manufacturing and agriculture.
