Canada: CRA convicts a fraction of offshore tax evaders
By MARCO CHOWN OVED Foreign Affairs Reporter From The Star Documents obtained by the Star show Canada is lagging far behind other countries in convicting tax cheats who exploit offshore tax havens. As worldwide pressure grows to fight offshore tax…
Canadian banks ordered to disclose Cayman Islands dealings
By MARCO CHOWN OVED From The Star Canada The CRA suspects tax dodgers used RBC and Citibank to repatriate offshore assets held at Cayman National Bank. A Federal Court judge has ordered two Canadian banks to disclose their dealings with…
The new Bank of BRICS: What’s in it for small economies?
By Sir Ronald Sanders From Huntington News It is news that should awaken the World Bank and the International Monetary Fund (IMF) from their complacent attitude toward developing countries. It is also news that should confirm to the G20 that…