All over the world today some of its richest people are quivering in their boots.
Because for over a month hundreds of journalists have been digging through the so-called Panama Papers, the more than 11.5 leaked documents from the Panamanian law firm Mossack Fonseca.
Documents that have exposed how the wealthy are stashing their money in offshore tax havens. So they can become richer while whole countries and billions of people become poorer.
And today is the day the names of many of those possible tax dodgers will be revealed.
The Panama Papers' scandal has revealed a steaming mountain or pyramid of corruption.
Where the super rich live high off the hog, while countries deprived of tax dollars grow more and more miserable.
So I'm glad to see that the Liberal government is planning to step up efforts to go after our own tax cheats.
Oh dear. I can only imagine what the mood at Postmedia headquarters must be like after the latest bit of bad news.
With writers like John Ivison and Andrew Coyne fighting over the last place in the lifeboat.
Or begging their boss Paul Godfrey to give them the last lifejacket, if they promise to attack Justin Trudeau like there was no tomorrow.
Because if Postmedia is the Titanic, I think we're just about at this stage in the story.
It's impossible to exaggerate the impact of the Panama Papers' scandal. It's impossible to predict how much it will shake up the world, or how many heads will roll.
Now the question who's is next? How far will the damage spread?
The answer could be, quite far. This is the biggest leak in history -- one that dwarfs the amount of data released by Wikileaks in 2010. Reports say that 12 current or former heads of state are mentioned.
A second question is to what extent, in an era of rising middle-class discontent, this will fuel further anger among those who see themselves as carrying a disproportionate share of the burden in supporting a system that seems to them unfair.
But one thing is for sure, it can only help Bernie Sanders' campaign.
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.
I'm glad to see that the Liberal government is vowing to go after those involved in the Panama Papers' scandal.
Revenue Minister Diane Lebouthillier is vowing to investigate whether some Canadians used a Panamanian law firm, shell companies and offshore bank accounts to evade Canadian taxes, following one of the biggest leaks of confidential records in history.
“The Canada Revenue Agency (CRA) will initiate risk assessments and, where appropriate, audit activities, based on the information that can be obtained from this data and from its treaty partners,” said Chloé Luciani-Girouard, press secretary to Lebouthillier.
And hopefully after that they can investigate the CRA, and the tax scandals of the Harper regime.
I remember seeing a lot of signs like those during the heady days of the Occupy movement.
Back in the days when everything seemed possible, and it looked like the beginning of a revolution.
But of course it didn't happen, the movement was brutally put down, and seemed to fade away. Even as the rich grew richer, and the poor grew poorer.
But you can't kill an idea or a movement whose time has come.
And the Occupy dreamers were right, capitalism doesn't work.
