Report: Implementing a Publicly Accessible Pan-Canadian Registry of Beneficial Ownership
Summary
Report
[This report was originally published on the website of Transparency International Canada, in collaboration with Publish What You Pay Canada. Our three organizations collaborate as The End Snow-Washing Coalition to fight tax-dodging, money-laundering, corruption and financial crime.]
Loblaw court ruling highlights need to reform laws to prevent international tax dodging
Canada’s Federal Court of Appeal has sided with Loblaw in a lengthy case the Canada Revenue Agency brought against the corporate giant over $368-million in taxes it avoided by shifting its profits to a subsidiary “bank” it established in the tax haven of Barbados.
The Fair Tax News, 9 April 2020
9 April 2020
The federal government has moved with impressive speed and flexibility to “do whatever it takes” to deal with the health and economic impacts of the COVID-19 pandemic—but there’s still much work to do to protect vulnerable workers and businesses, and to safeguard public finances against abuse.
How will Canada pay for our Covid-19 programs?
Emergency measures will mean Canada's largest ever deficit at $200 billion.
Report: Ending Canada’s Snow-Washing Problem with a Publicly Accessible Beneficial Ownership Registry
Summary
Report
[This report was originally published on the website of Transparency International Canada, in collaboration with Publish What You Pay Canada. Our three organizations collaborate as The End Snow-Washing Coalition to fight tax-dodging, money-laundering, corruption and financial crime.]
CONTENTS
Introduction: What is beneficial ownership transparency?
Much stronger conditions needed on federal wage subsidy program
"This has the potential to become one of the biggest and most expensive boondoggles in Canadian history. We should be concerned not just about the large cost, but also because wasteful programs undermine confidence in government, and in government programs." ...
The Fair Tax News, 10 March 2020
10 March 2020
As Canada struggles with low oil prices and the looming threat of a global recession, the federal government has an opportunity to fund climate action with tax justice.
Canada needs more progressive fiscal policies to reach gender equality
Canada still has one of the largest gender wage gaps of all OECD countries.
Annual Report 2019-2020
Summary
Report
WHY TAX FAIRNESS?
We need greater tax fairness to:
Reduce inequalities: The tax system should help reduce inequality, not contribute to it. Unfortunately, decades of tax cuts and tax loopholes have helped corporations and the wealthy avoid taxes. The top 1% now pays a lower overall effective rate of tax than all other income groups. By requiring the rich to pay their fair share, the government can promote greater equality with programs and benefits for lower-income households.