The Board of Directors of Transparency International Canada is pleased to announce the appointment of Trevor Loke as the organization’s new Executive Director, effective June 17, 2024.
CANADA EDGES UP IN LIST OF LEAST CORRUPT NATIONS – BUT STILL NOT BACK IN TOP TEN TIER
For Canadians there is good news and bad news in today’s release of Transparency International’s 2023 Corruption Perceptions Index (CPI).
The good news: Canada has moved up to 76 points and 12th place after scoring 74 points and ranking 14th last year.
The bad news: We have still not returned to the top ten least corrupt list that Canada consistently ranked in prior to 2019.
OTTAWA: Today, Bill C-42 successfully received Royal Assent, paving the way for Canada to have a publicly accessible registry that lists the ultimate beneficial owners of companies. Earlier last month, Senate members heard from the ‘End Snow-washing’ Coalition: Publish What You Pay Canada, Transparency International Canada, and Canadians For Tax Fairness who provided a strong endorsement for the legislation and urged members to ensure it gets through Canada’s Senate without delay. Yesterday, the bill successfully passed all stages of reading in Canada’s Parliament and today it received Royal Assent.
Transparency International Canada (TI Canada) continues to identify the inadequate level of enforcement for corruption offences as the greatest barrier to combatting corruption in Canada. The Organization for Economic Cooperation and Development (OECD) signalled its agreement with this in its Phase IV report on Canada’s implementation of the Anti-Bribery Convention, calling enforcement “exceedingly low”. Almost 25 years after the adoption of the Corruption of Foreign Public Officials Act (CFPOA), Canada’s criminal law prohibiting foreign bribery, charges have been laid in only nine cases – a paltry number especially considering the size and dominant industry sector of Canada’s economy.
For the first time, Transparency International Canada releases a report on domestic corruption perceptions
Every three years, Transparency International publishes the renowned Global Corruption Barometer. Now, TI Canada has produced a domestic study focusing exclusively on Western Canada. The Western Canada Corruption Barometer comprises two reports: one looking at the public’s perceptions and experiences with corruption, and another focusing on the extractive sector industry.
Transparency International Canada’s Chair and President, and its Executive Director join 42 other signatories in an open letter to Federal Finance Minister Bill Morneau encouraging the federal government to advocate for a publicly accessible pan-Canadian company registry of beneficial owners in upcoming conversations with provinces and territories, and to outline a consultation timetable to explore all registry options (including a publicly accessible registry) in Budget 2019.
Toronto, November 14th 2018 —Canadians for Tax Fairness, Publish What You Pay Canada, and Transparency International Canada, welcome the House of Commons Finance Committee’s report and recommendations of its recent review of Canada’s Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA).
Toronto, ON (November 2, 2018) – On Thursday, November 1st, 2018, Radio-Canada aired on its investigative program “Enquête” a report on how superficial the security checks have been on owners of companies that produce and distribute cannabis.
Transparency International Canada and Canadians for Tax Fairness have made a joint submission in response the Government of British Columbia’s open call for consultations on a proposed Land Owner Transparency Act.
Canada has fallen from ‘Moderate’ to ‘Limited’ enforcement of the Corruption of Foreign and Public Officials Act, placing it at the back of the pack of OECD countries on foreign bribery enforcement as highlighted in a new Transparency International’s Exporting Corruption Report 2018: Assessing Enforcement of the OECD Anti-Bribery Convention (linked here).
Toronto, ON (June 13, 2018) – On Tuesday, June 5th, 2018, the Senate of Canada approved several amendments to the Cannabis Bill (Bill C-45) that have now been referred to the House of Commons for consideration. One of these amendments would require that names of individuals who directly or indirectly own or control the corporations or trusts holding a licence or permit for cannabis production be made public.
Transparency International Canada followed up on its testimony to the House of Commons Standing Committee on Finance, by providing formal submissions on the government’s review of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act to Hon. Wayne Easter, Chair, Standing Committee on Finance, and to Ms. Lisa Pezzack, Director General, Financial Systems Division, Financial Sector Policy Branch, at the Department of Finance.
Berlin, Thursday 19 April – Just over two years since the Panama Papers revealed widespread use of anonymous shell companies to facilitate corruption and financial crime, governments in the world’s largest economies are still moving too slowly to ensure that citizens and law enforcement can find out who really owns companies operating within their borders.
On Tuesday, March 27, Transparency International Canada Senior Advisor, Anti-Money Laundering/Beneficial Ownership Transparency, Denis Meunier, testified before the House of Commons Standing Committee on Finance. Mr. Meunier spoke on behalf of TI Canada to provide insight on the government’s review of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA).
‘Offshore tax havens set to overtake Canada in corporate transparency’– The Star (18/05/06)
‘A special adviser will help RCMP tackle B.C.’s ‘infamous’ money laundering industry’– National Post (18/05/03)
‘Transparency International report slams Canada’– CKNW (18/05/03)
