News

PIPSC commends Canada’s new corporate transparency requirements to combat tax evasion, money laundering, and other financial crimes.  The federal government passed landmark legislation last year requiring Canadian corporations to disclose their beneficial owner·s. A beneficial owner is the individual, or individuals, who control a significant share of a company.  Criminals can use shell companies to …

Everybody knows that huge corporations and the ultra-rich don’t pay their fair share. PIPSC members have been calling for change for years, and Canadians agree. According to a 2021 survey, 70% of Canadians think that large corporations and the ultra-wealthy don’t pay enough taxes. 92% support changes to make it harder for corporations to use …

On May 6, 2021, PIPSC President Debi Daviau and Economist Ryan Campbell testified before the House of Commons Standing Committee on Finance (FINA) about the Canada Revenue’s Agency’s (CRA) efforts to fight tax evasion. The rules must apply to everyone, but unfortunately many wealthy individuals and corporations use their superior resources to look for a …

Good news! Thanks to successful advocacy on the part of PIPSC, Bill C-224 was rejected by the House of Commons Finance Committee (FINA) on March 3, 2021. It was then fully defeated in the House of Commons on April 14. Conservative and Bloc MPs voted in favour, but the NDP and Liberal MPs voted against …

2. The Resources The mandate of the Canada Revenue Agency (CRA) is essential to the provision of public services that benefit all Canadians. But like all government operations, the fair, impartial collection of tax revenue can only be achieved if the funding and structures exist to support it. In our first report, we reviewed the …