A lawyer just realized this? "Trust laws in Canada easily allow for the abuse of trusts to obscure true ownership or control for criminal purposes" NO Shit Sherlock

 http://www.cbc.ca/news/politics/beneficial-ownership-eu-britain-money-laundering-terrorist-registry-1.4427271?__vfz=profile_comment%3D6687400011924#

I tried to be fair but after dealing with the Canadians for Tax Fairness crooks for 2 years it was hard.

For the record I talked to Mora Johnson and she seemed nice. However she did not wish to look at her computer to verify what I was saying was true because her four year old was playing with it???

I also talked to two very snobby bastard Dennis Howlett ( I have talked to him before several times) Latter Paul Rowe (Woodside's stand in) eventually called me back Out of the gate he was very reluctant to even say who he was. Need I say that both Howlett and Rowe pissed me off bigtime?

https://www.morajohnsonlaw.ca/contact/

Mora Johnson
Barrister & Solicitor
Phone: 613-293-7948

http://www.pwyp.ca/en/about-us/our-staff

Claire Woodside - Director 
Paul Rowe Interim Director 
Publish What You Pay Canada
600-331 Cooper st.
Ottawa, ON K2P 0G5
Email: cwoodside@pwyp.ca
Telephone: 1-613-237-6768 ext. 29 

http://www.taxfairness.ca/

Dennis Howlett, Executive Director

Canadians for Tax Fairness
309 Cooper Street,

Suite 501
Ottawa, ON K2P 0G5
office@taxfairness.ca
Mobile: 613-863-3670

Ottawa pressed on new registry to flush out mystery corporations

Finance Canada needs to fix corporate registry to expose secret owners of shadowy businesses: report

By Dean Beeby, CBC News Posted: Dec 03, 2017 5:00 AM ET
  
  
2813 Comments
Commenting is now closed for this story.


 
Gord McPherson

Money is fungible.

The chances that Canadian tax authorities can do anything about the super-rich sheltering money off-shore, or even within Canada, are minute.

Fact is, there are better lawyers and better accountants outside of government than inside government. And ... lobbyists. And ... party wonks. And ... and ... and.

Canada is not a country immune from "money in politics" and the fabrication of rules that benefit the "money in politics" crowd, small as it may be.

That said, I think there is less revenue to be had than the rhetoric implies. If Canada goes after the funds, the funds will simply move on and so too will the 'beneficial owners'.

The only actual result that can be expected is that these evaders will simply mail back their citizenship and passports.

David Raymond Amos 

@Gord McPherson "Fact is, there are better lawyers and better accountants outside of government than inside government. And ... lobbyists. And ... party wonks. And ... and ... and."

TRUE but I would not use the word better when referring to lawyers and their bean counting cohort. I would use words such as more powerful and politically connected. KPMG is a fine example of a partnership of auditors and lawyers who work with governmental entities wealthy people and big corporations all day long everyday. In 2002 when I was arguing the US Attorney in Boston who was defending the actions of 3 US Treasury Agents who are covering up the actions of KPMG against my Clan amongst other things. I read where one of KPMG's associates bragged that they were the "Gatekeepers" and I saw red.

Since that time look what other people wrote before the last Wall Street nosedive created by such people. Here is just one example

International Review of Law and Economics
Volume 27, Issue 1, March 2007, Pages 96-109
International Review of Law and Economics
Should we trust the gatekeepers?: Auditors’ and lawyers’ liability for clients’ misconduct

David Raymond Amos

@Gord McPherson "Canada is not a country immune from "money in politics" and the fabrication of rules that benefit the "money in politics" crowd, small as it may be."

It ain't a little issue to me. Why do you think I ran for public office 5 times and am suing the Crown right now?

Perhaps folks who are interested in Politics and Money should Google such things as

Fundy Royal Debate

or
Harper and Bankers

or
David Amos KPMG

or
David Amos Bank Fraud

or
David Amos Bill Morneau

 
Stephen O'Leary

How bad will the Liberal government screw things up today.

How many more crying apologies will be needed

David Raymond Amos

@Stephen O'Leary Well its all over but the crying for this comment section while ethical folks watch this sign of the times within CBC

"This comment is awaiting moderation by the site administrators."

Stephen O'Leary

This Liberal government is destroying the country. The conservative party will have so much to repair

David Raymond Amos

@Stephen O'Leary Methinks thou doth jest too much

 @David Raymond Amos Why does CBC publish the comment above immediately yet stall the 3 comments I posted before that for quite some time?

Page is closed to commenting.

David Raymond Amos

@Joseph Gopher What if they are using a Mac?



Joseph Gopher

Why are provincial carbon taxes collected by the Federal government?

Joseph Gopher

@Joseph Gopher make work for Kabecers

Content disabled.

David Raymond Amos

@Joseph Gopher I noticed your comment went "Poof" after I responded to it. That was interesting to say the least.

Joseph Gopher

Kay Gem, where did you go "POOF" AGAIN

Content disabled.
David Raymond Amos

@Joseph Gopher Better yet why to I get this notice "Content disabled".whenever I respond to you?

 
Agnes Hone

Blatant examples of these practices are right in plain view... In BC we have mega mansions with one occupant claiming to be a housewife or student with no visible income. These "occupants" do not pay Income Tax but somehow the property taxes, utilities, etc are paid.. By who?

David Raymond Amos

@Agnes Hone "These "occupants" do not pay Income Tax but somehow the property taxes, utilities, etc are paid.. By who?" Perhaps they all have the same sugar daddy named Morneau or somebody else like him who hitched to a billionaire?

davie david

@Agnes Hone

I know of one millionaire that has ties to off shore accounts and he sued Canada for millions and the Liberal government of the day paid him off to stop the embarsement on both sides . That man who sued Canada was Brian Mulroney. If you can imagine an ex Prime Minister suing his own country, knowing full well any money he won come out of the tax payers pocket.

David Raymond Amos

@davie david Ever heard of a Clan named Irving? They make Mulroney look like a cheap dime store hood.

Meldrum Begin

Will this include include Bronfman, Morneau, Paul Martin and Trudeau trust funds?

David Raymond Amos

@Meldrum Begin "Will this include include Bronfman, Morneau, Paul Martin and Trudeau trust funds?"

Methinks that is a rhetorical question N'esy Pas?

Richard Sharp

@Meldrum Begin @Pete Shartin @Marc Henry @ Blanche cote

A smear is an unsubstantiated attack on another person's character, such as Trudeau, Morneau or Bronfman. All of you do that in spades. Hundreds and actually thousands of times.

I do what I do because of what you do what you do.

Karin Bougie

@Richard Sharp

Our hero........lol

David Raymond Amos

@Karin Bougie Not mine

 
Karin Bougie

"Bill Morneau says he is already working with the provinces and territories to meet Canada's international commitments on corporate transparency."

Morneau held shares through an Alberta numbered company. By placing his shares in a numbered company in Alberta, he exposes himself to less tax than if he’d put them inside a numbered company in Ontario.

Deferring taxes.......

I'm sorry. I just can't over this blatant hypocrisy.........

Karin Bougie

@James Fitzgibbon

Where did I say illegal?

The man defers tax with his holdings of millions of dollars worth of shares in an Alberta numbered company when he lives in Ontario..............

As a finance minister, is that unethical?

As a finance minister that wants to crack down on tax cheats, is that hypocritical?

David Raymond Amos

@Karin Bougie "As a finance minister, is that unethical?"

YES

As a finance minister that wants to crack down on tax cheats, is that hypocritical?

YES

Perhaps folks should surf the web with two names

Bill Morneau David Amos

David Raymond Amos @Karin Bougie "Where did I say illegal?"

Methinks lawyers and politicians in particular think everything is legal as long as they don't get caught.

Whereas they create and and enforce the laws anyone blessed with common sense can see that these wealthy politcal people prove that to be a fact in spades on a daily basis.

Most folks be they wealthy or not don't think that Trudeau "The Younger" and Bill Morneau wanted to be the Prime Minister amd Finance Minister in order to serve the common folk they now lord over. They already have more money than any ten men could ever need. Methinks they lust for power and more lucre because such people can never have enough.

 
Carl Shulgin

Welcome to Canada, where you can't tell the corporations from the government.

That's corporatism, folks.

David Raymond Amos 

 @Carl Shulgin "can't tell the corporations from the government" 

 

Stephen O'Leary

An hour to approve a post

Liberal Government at work

Slience what you don't want to hear

Pete Shartin

@Richard Sharp

If you think a few comments on a CBC board is smears your sadly mistaken and should stock up on tissue, the 10680 posters I have made and in place to be posted all over Quebec and Ontario with spares to replace the ones ripped down over the 2019 campaign plus the large banners for the sides of buildings complete with approvals in place and then the rented billboards already paid for and legal contracts drawn up to ensure they cannot be taken down , it is going to be hopefully the total removal of every liberal seat in Canada , all paid for by Canadians for Canadians the hated trudeau faction needs to go

David Raymond Amos

@Stephen O'Leary "An hour to approve a post"

Consider yourself honoured that the "Powers that Be" behind the curtain of moderation did not disable the attempt at your registering your indignation

David Raymond Amos

@Pete Shartin "the 10680 posters I have made and in place to be posted all over Quebec and Ontario"

Interesting statement to say the least

 

mo bennett

why would ottawa do anything to protect the people that elected them?

David Raymond Amos

@mo bennett There is nothing in it for them if they acted ethically.

  

Paul Barry

Maybe also time to close the door to foreign ownership by Communist China both its state owned businesses and by individuals

Will make Canadian cities more affordable and increase transparency and integrity (can start with Communist Chinese influence in the Calgary Oil Slick)

David Raymond Amos

@Paul Barry "can start with Communist Chinese influence in the Calgary Oil Slick"

I agree bigtime

 

Pete Shartin

trudeau and morneau should resign

Marc Henry

@Jason Allan "the majority that Canadians gave them."

Yeah, but Justin said that would be the last election using first past the...oh. Nevermind.

David Raymond Amos

@Marc Henry "oh. Nevermind"

FYI I minded a lot and said so to the traveling road show called the ERRE Committee in Fredericton NB just before Thanksgiving in 20015. What I said ii on the Parliamentary Record. Need I say I was correct?

 

Will McComb

One law for the RICH
another for the poor

David Raymond Amos

@Will McComb "One law for the RICH another for the poor"

Methinks there a lots of laws that hold common folk accountable but none apply to the wealthy or the politically connected.

 
Pete Shartin

with tax avoiders like morneau using insider trading Canada is in deep trouble

STOP TRUDEAU !

Karin Bougie

@Jason Allan

36 % of Canadians rate Justin Trudeau's economic performance as poor or very poor.

http://www.huffingtonpost.ca/2017/11/17/most-canadians-rate-justin-trudeaus-economic-performance-rated-as-poor-very-poor-or-average-poll_a_23280930/

David Raymond Amos

@Karin Bougie "36 % of Canadians rate Justin Trudeau's economic performance as poor or very poor."

What does that mean? Do 64% of us think he is doing ok?

Daniel McKay

@Pete Shartin Well, we stopped Harper, I guess we could stop Trudeau the same way. Who's next?

David Raymond Amos

@Daniel McKay Pick me I am a vegetable.

Folks reaaly should Google such words as

Harper and Bankers

or
David Amos Bank Fraud

or
David Amos KPMG

In all sincerity don't ya think that the Crown should settle with me before I file at least 3 more lawsuits in Canada and begin litigating in the USA again?

Nobody should deny that Its the taxpayer's funds and our resources that the politicians are using against me to cover up their many wrongs.

Ottawa pressed on new registry to flush out mystery corporations

Finance Canada needs to fix corporate registry to expose secret owners of shadowy businesses: report

By Dean Beeby, CBC News Posted: Dec 03, 2017 5:00 AM ET

A new report demands that Ottawa beef up its transparency regime to ensure mystery corporations reveal who really owns them. (CBC)

Canada is a global laggard when it comes to forcing private corporations to reveal ownership information, says a new report documenting how easily money launderers, tax dodgers, terrorists and other criminals can remain in the financial shadows.

"The level of transparency is really inadequate in this day and age," said Ottawa-based lawyer Mora Johnson, author of new study on lax corporation-registry rules across Canada. "It shouldn't be so easy for criminals to use laundered funds."

Ottawa lawyer Mora Johnson has documented how easily private businesses in Canada can hide who really owns them. (LinkedIn)

Johnson's study, entitled Secret Entities, was commissioned by the Canadian arm of PWYP, a global coalition that helps citizens have a say in the conduct of resource firms, such as mining companies. The Canadian branch includes Canadians for Tax Fairness and Transparency International Canada as members.

The report focuses on "beneficial ownership," that is, the question of who really profits from mysterious corporations that often hide their financial affairs behind obscure names and numbers.

Johnson's report shows that private firms can apply for a certificate of incorporation from a provincial government, where the corporate name is then listed on a provincial registry.

"The corporation's directors and their addresses will be included in the provincial directory but no beneficial ownership information is disclosed," she notes.

"A securities register which includes the names, addresses and numbers of shares of all registered shareholders (not necessarily beneficial owners) must be maintained at the place of business. There is no requirement to make this information public."

Obscuring 'true ownership'

The group is pressing for tougher and more thorough business registries in Canada, in the provinces and federally, that would compel private corporations to disclose the identities of their secret owners.

Johnson writes in the report, to be made public Monday, that laws in Canada allow "one person to conduct business on another person's behalf without disclosing their relationship, including agents, trustees, nominees, directors and nominee shareholders," Johnson writes in the report, to be made public Monday.

"Powers of attorney are frequently used to perpetrate real estate fraud, and may be abused to obscure the true ownership or control of the holder of the power of attorney. Trust laws in Canada easily allow for the abuse of trusts to obscure true ownership or control for criminal purposes."

It doesn't mean it's not doable - Ottawa lawyer Mora Johnson on the difficulties of getting Canada's 14 jurisdictions to agree on a new corporate registry regime

Currently, a quilt of loose federal-provincial regimes allows these owners to hide their identities, even as Britain and the European Union have cracked down and forced disclosure of beneficial ownership in their jurisdictions.

Johnson says Canada is in the same camp as the United States and Australia, with weak reporting laws for private businesses.

The Liberal government formally committed to reform in its March 22, 2017, budget, saying: "The government of Canada is committed to implementing strong standards for corporate and beneficial ownership transparency that provide safeguards against money laundering, terrorist financing, tax evasion and tax avoidance, while continuing to facilitate the ease of doing business in Canada."

June meeting

The issue was also raised at a June 18-19 meeting that Finance Minister Bill Morneau held with his provincial and territorial counterparts.

"We discussed actions we have taken to crack down on tax evasion and close loopholes, and ways to work together to develop a national strategy aimed at improving the availability of beneficial ownership information," Morneau said following the session.

The previous Conservative government first committed Canada to better transparency in 2014, during a meeting of G20 countries in Brisbane, Australia, but progress has been slow since.

Finance Minister Bill Morneau says he is already working with the provinces and territories to meet Canada's international commitments on corporate transparency. (Fred Chartrand/Canadian Press)

"Progress is being made on a path forward," said Finance spokesperson David Barnabe. "This will be discussed in more detail at the next meeting of the finance ministers in December."

Johnson's report, an advance copy of which was obtained by CBC News, includes eight best practices from other jurisdictions around the world that Canada needs to match for an effective registry. They include a single registry for Canada's 14 jurisdictions, free and open access to the registry for citizens, and prompt updates.

Johnson acknowledges the difficulty of getting so many provinces and territories on board, but says federal governments have managed such co-operation for many other issues.

"They're used to doing it," she said. "It doesn't mean it's not doable."