News
Cullen Commission Final Report Recommendations Mark Major Victory For Deterring Dirty Money From Entering Shell Companies and Shell Properties in Canada
After three years of expert testimony and insight from two-hundred witnesses, the British Columbia Cullen Commission released its final report. A key win in the report is the recommendation for British Columbia to work with the federal government to create a centralized, beneficial ownership registry that is world-class, and would eventually cover the entire country.
TI Canada Provides Testimony to Senate Standing Committee on Banking, Trade and Commerce
On May 18, 2022, Executive Director, James Cohen provided testimony on behalf of Transparency International Canada to the Senate Standing Committee on Banking, Trade and Commerce.
TI Canada présente un témoignage devant le Comité sénatorial permanent des banques et commerce
Le 18 mai 2022, le directeur général, James Cohen, a témoigné au nom de Transparency International Canada devant le Comité sénatorial permanent des banques et commerce.
L'application des sanctions russes - Le Canada est-il à la hauteur ?
Un rapport de Transparency International publié aujourd'hui remet en question la capacité du Canada à sanctionner efficacement les kleptocrates russes et à traquer leurs avoirs.
Enforcing Russian Sanctions – Is Canada up to the task?
Canada’s ability to effectively sanction and track the wealth of Russian kleptocrats has been called into question by a Transparency International report issued today.
Budget 2022 strikes critical blow against corruption with commitment for a publicly accessible beneficial ownership registry for companies and properties
Canada confirms an accelerated timeline for registry implementation by 2023, including scalability for provinces and territories, and data verification and validation.
TI Canada Testifies in Senate on Bill S-217
On March 24th, Transparency International Chair and President, Susan Côté-Freeman testified on behalf of TI Canada at the Standing Senate Committee on Foreign Affairs and International Trade. Susan was called as an expert witness on Bill S-217 - An Act respecting the repurposing of certain seized, frozen or sequestrated assets.
La Coalition « End Snow-Washing » applaudit l'accélération du calendrier pour la mise en place d'un registre des bénéficiaires effectifs accessible au public d'ici 2023
La coalition plaidait déjà auprès de tous les partis fédéraux pour une mise en place plus rapide d'un registre des bénéficiaires effectifs, une priorité qui est devenue très urgente en matière de sécurité nationale à la lumière de l'invasion de l'Ukraine par la Russie.
End Snow-Washing Coalition Applauds Accelerated Timeline For A Publicly Accessible Beneficial Ownership Registry by 2023
The ‘End Snow-Washing’ Coalition (Transparency International Canada, Publish What You Pay Canada, and Canadians for Tax Fairness) enthusiastically applauds the announcement by the Federal Government and The New Democratic Party (NDP) to fast-track the delivery of a publicly accessible beneficial ownership registry by 2023.
Press Release: Canada marketed abroad as a secrecy jurisdiction to crooks and tax cheats: new report
Canada is known as an easy place to launder dirty money, or ‘snow-wash’. It’s not just the experts who know this though. International corporate service providers actively promote incorporating companies in Canada to clients who wish to take advantage of lax secrecy laws and low financial crime enforcement.
Coalition Urges Action from Federal Ministers
The on-going conflict in Ukraine has lead to increased measures from the Canadian government to target money laundering on behalf of Russian elites with relationships to President Vladimir Putin.
TI Canada Provides Testimony to House Standing Committee on Finance
On February 17th, 2022, Executive Director, James Cohen provided testimony on behalf of Transparency International Canada to the House Standing Committee on Finance.