Canada is perceived by many as a polite and orderly place, with minimal crime in comparison to our noisy neighbours south of the border, but we may not be as squeaky clean as we perceive.
We can, in fact, be rogues if we put our minds to it. According to an Equifax survey released this year, 13 per cent of Canadians agree that it’s OK to lie on a mortgage application, while 16 per cent see it as a “victimless” crime (it’s not).
But on the bigger stage, a joint CBC-Toronto Star investigation at the start of the year revealed that Canada is an excellent place to hide assets records. According to records leaked from shamed law firm Mossack Fonseca (of Panama Papers fame), a legion of tax advisers have been using our country to help hide assets. The story became known as the “Canadian ‘Snow Washing’ ” scandal, after Toronto tax lawyer Jonathan Garbutt described the process of making a company as clean as the “…. driven snow in the Great White North.” (more...)
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