Export Development Canada has perfected the art of lending billions of taxpayer dollars to scandal-ridden foreign buyers. But its transparency could use some work. By Richard Poplak | Published in The Walrus
In this letter, Above Ground joins more than 20 organizations in calling on the Canadian government to establish a public registry of the beneficial owners of companies and trusts. By taking this action, Canada will show national and global leadership in efforts to curtail the use of anonymous companies to hide tax evasion, money laundering, fraud and business activities that undermine basic human rights.