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.
OTTAWA: Budget 2023 introduces a number of reforms and elaborates on ongoing initiatives to strengthen Canada’s anti-money laundering (AML) regime. These measures are welcomed by a coalition of civil society organizations – Publish What You Pay Canada, Transparency International Canada, and Canadians For Tax Fairness.
OTTAWA - Today, Canada’s federal government tabled long-awaited legislation for a corporate beneficial ownership registry. This is a massive blow against money laundering, corruption, tax evasion, and terrorist financing, and is enthusiastically applauded by a coalition of civil society organizations – Publish What You Pay Canada, Transparency International Canada, and Canadians For Tax Fairness.
TORONTO - As the federal government prepares to launch a public beneficial ownership registry in 2023, the current state of corporate data across all 14 Canadian jurisdictions is an opaque patchwork – leaving Canada vulnerable to money laundering and other financial crimes. Provinces and territories are the weakest link.
OTTAWA - The federal government confirmed an accelerated timeline for a company beneficial ownership registry and made a new announcement for a registry of real property as part of Budget 2022. This is a game-changing win against corruption and is enthusiastically applauded by a coalition of civil society organizations – Publish What You Pay Canada, Transparency International Canada, and Canadians For Tax Fairness.
TORONTO - 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.
OTTAWA and TORONTO — The federal government’s announcement of a publicly accessible beneficial ownership registry for corporate entities in Budget 2021 is being enthusiastically applauded by a coalition of civil society organizations, Publish What You Pay Canada, Transparency International Canada, and Canadians For Tax Fairness, following years of campaigning.
OTTAWA and TORONTO -- Publish What You Pay Canada, Transparency International Canada, and Canadians for Tax Fairness welcome the release of a summary report which presents views from federal government stakeholder consultations to evaluate the merits of a publicly accessible beneficial ownership registry. These consultations were carried out by Innovation Science and Economic Development Canada (ISED) between February and May 2020.
OTTAWA and TORONTO -- Canadians For Tax Fairness, Transparency International Canada, and Publish What You Pay Canada are calling upon the Ministry of Innovation, Science and Economic Development (ISED) to immediately publish the results of its consultation from winter 2020 about how a publicly accessible registry listing beneficial ownership information for private corporations can address Canada’s money laundering or “snow-washing” problem.
OTTAWA et TORONTO — Canadiens pour une fiscalité équitable, Transparency International Canada et Publish What You Pay Canada exhortent Innovation, Sciences et Développement économique Canada (ISDE) de publier dans les plus brefs délais les résultats des consultations menées à l’hiver 2020 concernant la possibilité d’établir un registre public sur la propriété effective des sociétés afin de résoudre le problème de blanchiment d’argent, dit « blanchiment neige », au Canada.