Tuesday, April 05, 2016
Stephen Harper and the Panama Connection
In a post earlier today, I noted that the Cons were playing down the Panama Papers scandal which is rocking the world.
And that Rona Ambrose hadn't said a single word about it.
I attributed this to Stephen Harper's other tax scandals.
But there is also another reason.
The Canada Panama Free Trade Agreement.
Which Harper signed four years ago even though he was warned that it could make tax evasion even easier.
The release of the Panama Papers, linking numerous world leaders and high-profile figures to offshore accounts, may be a good time to remind readers that Canada has a free trade deal with Panama.
Critics of the agreement have said it could make it harder for the government to investigate and prosecute tax evasion involving offshore accounts held in the country.
And it's not like he didn't get plenty of warning.
"The pact would give new rights to the government of Panama and the hundreds of thousands of offshore corporations to challenge Canadian anti-tax haven measures outside of the Canadian judicial system," Todd Tucker, research director at Public Citizen's Global Trade Watch, told parliament in 2010.
"The Canada-Panama trade deal would worsen the tax haven problem … As the OECD has noted, having a trade agreement without first tackling Panama's financial secrecy would incentivize even more offshore tax dodging."
But it does explain why Rona Ambrose is as mute as a carp.
And it does make me wonder what Stephen Harper must be telling her to say...
Yup. The Ambrose Cons are the party of the one percent.
And the party of the 17.5 percent.
Trudeau continues to enjoy a commanding 34 point lead over interim Conservative Leader Ambrose as the preferred choice as Prime Minister. More than one of two Canadians preferred Trudeau as PM (51.3%), followed by Ambrose at 17.5%, Mulcair at 11.6%, May at 3.3% and 15.6% of Canadians were unsure who they preferred.
The first number could do them great damage.
And the second number tells you they're still going nowhere...
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