TI Canada’s Interim-Executive Director was interviewed on CBC’s ‘On the Money’ (interview starts at 5:26) to discuss the fallout of FINTRAC not naming Manulife Bank for fines of $1.15 million. Manulife Bank, a division of Manulife Financial, was fined for failing report obligations on many transactions. Manulife Bank has claimed that its failure to flag the bank transfers, including those deemed to be suspicious, were due to ‘administrative errors’.

TI Canada active member Denis Meunier was featured in the Toronto Star where he commented on the issues associated with the Ottawa’s first comprehensive reform of corporate law in more than a decade, Bill C-25.

This article was originally published in The Toronto Star on January 25, 2017 as ‘Don’t let Canada become haven for tax dodgers’ (link here).

One of the best-known data points in the anti-corruption field is the estimate from Global Financial Integrity that US$ 1.1 trillion in proceeds of corruption, crime and tax evasion are taken from developing countries every year and invested in Western banks, real estate, and luxury goods. The volume of illicit financial flows is higher than the total value of development aid and foreign direct investment into poor countries combined.

Transparency International Canada is pleased to share the result of TI Canada's and TI Secretariat's successful intervention at the Supreme Court of Canada in World Bank Group v. Kevin Wallace et al. in support of whistleblower protections and global anti-corruption efforts.

Transparency International Canada calls on Ottawa to introduce a public registry of Canadian registered companies

Major corruption scandals hitting the news often share key commonalities: the people at the centre of the scandal use a complex web of anonymous companies, trusts and other legal entities situated across multiple jurisdictions to transfer and hide their illicitly sourced funds.

An Open Access Coursebook on Legal Regulation of Global Corruption under International Conventions and under US, UK and Canadian Law

Transparency International Canada and Transparency International Secretariat have brought a joint motion for leave to intervene in the Supreme Court of Canada appeal of World Bank Group v. Kevin Wallace, et al. The appeal will consider whether an immunity conferred under Canadian law to an international organization may be vitiated by cooperation between the international organization (The World Bank) and domestic Canadian law enforcement (Royal Canadian Mounted Police).