Here, on how Canada is falling further behind the rest of the world on ensuring corporate transparency and recovering income stashed offshore. For further reading…–Continue reading
The Tax Justice Network’s 2018 Financial Secrecy Index says Canada’s financial system is less transparent than that of notorious tax havens and countries often portrayedContinue reading
This and that for your Thursday reading. – Jerry Dias writes that a new year has already seen far too many examples of corporate greedContinue reading
Miscellaneous material for your weekend reading. – Brian Jones rightly argues that a fair tax system would go a long way toward eliminating any seriousContinue reading
Assorted content to end your week. – Bruce Campbell points out how Donald Trump’s blind hatred toward any type of regulation can impose costs inContinue reading
This and that for your Thursday reading.
– Branko Milanovic examines whether the U.S.’ tax system is actually progressive all the way to the top of the income spectrum – and finds that there’s not enough data about the treatment of the extremely wealthy to be sure. And Robert Cribb and Marco Chown Oved discuss the latest Panama Papers revelations showing the large-scale stashing of Canadian assets in the Bahamas.
– Laura Wright reports that Canada’s federal government has approved secret surveillance technology which leaves the public in the dark as to which of its communications are subject to eavesdropping.
– Meanwhile, the federal government is rather less interested in the public safety concerns involved in documenting the fires on the First Nations reserves within its jurisdiction – having abandoned that task in 2010.
– Ross Belot writes that there’s no point in approving and building new pipelines at the moment other than political posturing. And the CP reports on the connection between air pollution from tar sands developments and the health of residents of the area.
– Finally, Adnan Al-Daini is encouraged by Sweden’s move toward a repair-not-replace mindset, and suggests the idea should spread further:
If more countries followed the Swedish example, think of the impact that would have globally on our CO2 emissions. Manufacturing goods is energy intensive. The website “Fix it-Don’t replace it” gives the example of the iphone6 where 85% of its lifecycle’s carbon footprint is from manufacturing it, not using it and another 3% from shipping it.
Climate change is with us already and such measures are needed as a matter of urgency. Such a proposal should not be a party political issue. Good quality jobs would be created in the country where the appliance is used. It would save the consumer money, and it is good for the environment.
Could we do something similar in Britain? Does this have to be a political issue and parties have to have it in their manifestos before it could happen? I don’t see where disagreement between parties could arise.
Surprise! A new investigation by the Toronto Star and the CBC found that recent treaties with tax havens like the Bahamas and Panama aimed at more “transparency” have just made it easier for corporations to evade ever more taxes. And Canadian corporations have obliged this golden opportunity. “Investment” abroad has ballooned all the while the […]Continue reading
Is corruption endemic in the political and economic classes? I joined TVOntario’s The Agenda with Steve Paikin, to discuss the extent and potential remedies to corruption in Canada’s public institutions.Continue reading
The Panama Papers starkly revealed that Britain’s Overseas Territories and Crown Dependencies have become the venues of choice for the anonymous corporations that facilitate tax evasion, organised crime, and terrorist financing. Indeed, more than half …Continue reading
The Panama Papers starkly revealed that Britain’s Overseas Territories and Crown Dependencies have become the venues of choice for the anonymous corporations that facilitate tax evasion, organised crime, and terrorist financing. Indeed, more than ha…Continue reading
“There is no economic justification for allowing the continuation of tax havens,” 300 economists told world leaders ahead of the Anti-Corruption Summit, hosted by UK Prime Minister David Cameron in London on Thursday.
The post Tax havens have no econom…
This and that for your Sunday reading.- David Akin reports that MPs from multiple parties are rightly challenging offshore tax evasion – though it remains to be seen how many will actually demand a change to the practice. And Tanya Tagala notes that it…Continue reading
This is a great interview, it’s really thoughtful.
What will journalism look like in 5 years? Wikileaks created a whole new model that’s being used in the production of stories about tax avoidance by the wealthy class, while the middle and…Continue reading
The Panama Papers leak proves, once again, that whistleblowers and leak activists’ role of exposing hidden information is very much alive.
The post Whistleblowers and leak activists face powerful elites in struggle to control information appeared first…
Canada’s rich and powerful do not fear the media, and they do not have their names in the newspapers (some owned by foreign investment funds) when fined more than a million dollars for a crime much larger than that. FINTRAC won't name bank fined $1.1 million for suspicious transactions?! We are still a banana republic. […]Continue reading
Miscellaneous material for your mid-week reading.- In the wake of the Panama Papers, Don Pittis writes that tax shelters serve only to ensure that the wealthy don’t pay their fair share for a functional society – meaning that everybody who can’t afford…Continue reading
Human rights activist and author Craig Murray wonders why, for the western corporate media, the Panama leak is all about Russian president Vladimir Putin. “Do not expect a genuine expose of western capitalism,” he says.
The post Corporate Media Gateke…