Transparency International Canada welcomes the outcome of the trial against former SNC Lavalin executive Sami Bebawi. Mr. Bebawi was found guilty for his role in paying bribes to obtain contracts in Libya during the regime of dictator Moammar Gadhafi.
Business Integrity Forum
New Survey Says Majority of Canadians Concerned and Want Action About Money-Laundering, or ‘Snow-Washing’
A new survey by the Angus Reid Institute finds that a majority of Canadians think money laundering is a problem and want action taken. The survey found:
Three-quarters of Canadians say money laundering is an issue within their own province (74%). Even more, say the [sic] on a national level (81%) it is a challenge that Canada needs to address.
TI Canada welcomes new Chair and Board Members
Canada Moves the Ball Forward in Combating Shell Company Abuse
TI Canada Canadian Integrity Award
Inaugural TI Canada Canadian Integrity Award
Toronto Day of Dialogue Agenda
Billions in Unknown Funds Flow Through Toronto Real Estate, Shows New TI Canada’s Report
In Canada, individuals can own a property and hide this fact from law enforcement, tax authorities, and private sector entities with anti-money laundering (AML) obligations. Canada’s property registers allow beneficial owners to use companies, trusts, or nominees to hold title to property and remain anonymous, which facilitates money laundering in the real estate sector, or as it has come to be known in Canada, ‘snow-washing’.
TI Canada and Canadians For Tax Fairness Submit Suggestions for the Real Estate Sector to the B.C.’s Expert Panel on Money Laundering
In light of British Columbia’s vulnerability to criminal financial activities in the real estate sector, Transparency International Canada and Canadians For Tax Fairness (C4TF) shared with the B.C government comments on current anti-money laundering and anti-terrorism financing (AML/ATF) efforts and suggestions on how to improve them.
Le Canada chute d’un rang sur l’indice de perception de la corruption… et nous avons besoin d’actions, et moins d’indifférence, pour empêcher que la chute continue.
Canada slips 1 spot on the Corruption Perception Index and we need action, not apathy, to prevent further slides
TI Canada Applauds Quebec Justice System in MUHC Bribery Sentencing
Corruption: The Western Canadian Perspective
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.
TI Canada Joins Letter to Minister Morneau Seeking a Publicly Accessible Beneficial Ownership Meeting During Finance Ministers Meeting
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.