Angle Up
Trevor Loke
Canada Ranks Behind China and Russia in Real ...
Canada Ranks Behind China and Russia in Real Estate Ownership Opacity and Anti-Money Laundering Practices
Bulletins
Trevor Loke
Appointment of New Executive Director | ...

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.

Appointment of New Executive Director | Nomination de le nouveau directeur géneral
News, Bulletins, Press Release, Reports
Angelica Hasbon
2023 Corruption Perceptions Index results | Les ...

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. 

2023 Corruption Perceptions Index results | Les résultats 2023 de l’Indice de perception de la corruption
News, Press Release
TI-Canada
Canada passes landmark legislation to fight ...

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.

Canada passes landmark legislation to fight corruption, money laundering, tax evasion, and terrorist financing.
News, Press Release
Trevor Loke
Substandard enforcement plagues Canada’s ...

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.  

Substandard enforcement plagues Canada’s anti-corruption efforts
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TI Canada, PCQVP-Canada et C4TF se réjouissent de l'engagement du gouvernement du Québec sur la transparence du bénéficiaires effectifs

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Transparency International Canada (TI Canada), Publiez ce que vous payez Canada (PCQVP-Canada) et Les Canadiens pour l'équité fiscale (C4TF) applaudissent avec enthousiasme le gouvernement du Québec pour sa proposition dans le budget provincial 2020-2021 qui vise a à recueillir et mettre à la disposition du public par le biais du registre des entreprises des informations sur les bénéficiaires effectifs ultime (BEU) de certaines entités juridiques.

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New Survey Says Majority of Canadians Concerned and Want Action About Money-Laundering, or ‘Snow-Washing’

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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.

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Billions in Unknown Funds Flow Through Toronto Real Estate, Shows New TI Canada’s Report

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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.