[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.]
TABLE OF CONTENTS
- Executive Summary
- Defining a Beneficial Ownership Transparency Strategy
- Priorities for a Pan-Canadian Publicly Accessible Beneficial Ownership Registry
- The Trouble with Canada’s Current Beneficial Ownership Transparency Strategy
- Looking Outside Canada: The U.K.’s Companies House
- Framework and Components of a Registry
- Canadian Beneficial Ownership Registry Framework Options
- The Legislation
- The Technical Toolbox
- The Solution Architecture
- Annex A: Methodology
Download the full PDF report above.
Transparency International Canada, Publish What You Pay Canada, and Canadians for Tax Fairness are grateful to Open Society Foundations for supporting the research and writing of this report. The ideas, opinions, and comments within this publication are entirely the responsibility of its authors and do not necessarily represent or reflect the Open Society Foundations.
We would like to thank Eugene DiMira and Holly Wu for technical inputs during the development of this report. We are particularly grateful for the support and guidance offered by the members of TI Canada’s Beneficial Ownership Working Group: Charlene Cieslik, Kevin Comeau, Peter Dent, Eric Hansen, Dr. Vanessa Iafolla, Jonathan Légaré, Michael Lenczner, Denis Meunier, Alesia Nahirny, Lida Preyma and Adam Ross.
Author: Rob Davidson, Veracify
Design: Deana Oulianova, DIMA Design Studio
Every effort has been made to verify the accuracy of the information contained in this report. All information was believed to be correct as of May 2020. Nevertheless, TI Canada cannot accept responsibility for the consequences of its use for other purposes or in other contexts than those intended. Policy recommendations reflect TI Canada’s opinion. They should not be taken to represent the views of the individual members of the Beneficial Ownership Working Group or other stakeholders, unless otherwise stated.