Social Policy in Ontario

Why do we keep letting Canada’s ultrarich use tax havens to stash wealth?

Posted on July 25, 2025 in Equality Policy Context

Source: TheGlobeandMail.com — Authors: Jared A. Walker and Silas Xuereb

Theglobeandmail.Com – Business/Commentary
July 24, 2025.   Jared A. Walker and Silas Xuereb

Report finds Canada’s biggest corporations and wealthiest families have over $682-billion in assets stashed in tax havens around the world, a 165 per cent increase from 10 years ago.

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Jared A. Walker is the executive director of Canadians for Tax Fairness. Silas Xuereb is a researcher and policy analyst with Canadians for Tax Fairness.

https://www.theglobeandmail.com/business/commentary/article-corporate-canada-tax-havens-loophole/?utm_medium=email&utm_source=Opinion&utm_content=2025-7-24_17&utm_term=Why%20do%20we%20keep%20letting%20Canada’s%20ultrarich%20use%20tax%20havens%20to%20stash%20wealth%3F&utm_campaign=newsletter&cu_id=JJBpd5fH7zvj6%2Bf8AP7wP6aSQXDOVzkf

Tags: budget, economy, featured, standard of living, tax

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