The Canada Revenue Agency (CRA) identified 894 Canadians and Canadian companies through the Panama Papers leak, but as of last week no charges had been laid.
All Together Now!
"We will continue to advocate for our members, but also ensure that the recovery benefits everyone. Our future can be inclusive and fair, with the importance of public services more recognized than ever, where we take better care of our children and our seniors and everyone in between, and where we can reduce income and social inequality. We can build a healthier and safer country for everyone. In fact, it's not only that we can — we must." — Larry Brown, NUPGE President
Women bear the brunt of harmful tax practices and policies, such as tax dodging and regressive tax cuts.
"Our plan shows how a range of progressive tax measures can fund programs that will help Canadians and the economy recover" — Toby Sanger, economist and director of Canadians for Tax Fairness
"Various management fees, administrative fees, interest payments and other seemingly artificial transactions with related parties appear to be used to shift profits out of taxable entities and into tax havens."
While many workers were laid off and had to rely on income support of $500/week during the pandemic, the stock market boom means half of CEOs will likely see an increase in their compensation for 2020.
This situation is yet another reminder of why having not-for-profit organizations take over public services like long-term care doesn’t solve the problem of underfunding. It just changes how the services are funded.
The campaign, Make Amazon Pay, is demanding changes to both Amazon’s company policies and government legislation.
As with the Speech from the Throne, there were a few encouraging commitments, but they were somewhat lacking in substance. Canadians expected that this fiscal update would deliver more detail on the progressive-sounding vision outlined in the Throne Speech.
New report recommends progressive tax measures the federal government could use to address worsening wealth inequality in Canada and raise revenues to help pay for the COVID-19 crisis.
If the money lost to tax abuse had been available to hire more staff and ensure health care workers were properly protected, many of the people who died during the pandemic would still be alive.
For anyone who believes in reducing income inequality, asking the very wealthy to pay a bit more in tax to help fund programs that will help people who are struggling should be a “no brainer.”
Different tax policies that the government should use to reduce inequality include closing tax loopholes, introducing an annual wealth tax, and an excess profits tax on large corporations that have profited from the pandemic.
“The bottom line: no one is protected until everyone is protected” — Dr. Theresa Tam, Chief Public Health Officer of Canada
When billionaires are wealthier than ever before, making cuts to public services that will penalize low- and middle-income people to pay for the costs of the COVID-19 pandemic is obscene.
This demand recognizes that if we are going to avoid a repeat of the pandemic and respond to the other challenges facing our planet, “going back to normal” isn’t good enough.
Adequate funding for services like health care or enabling tax dodging and money laundering — it shouldn’t be a tough choice.
“Provinces must play their part in inflating the economy, not contribute to the further deflating of our economy." — Larry Brown, NUPGE President
“Hiding mistakes means we can't learn from them. Stephen McNeil must show leadership and give the staff, residents and families what they deserve — a full public inquiry.” — Jason MacLean, NSGEU President