Thursday, February 7, 2019

Corruption in Canada

crime corruption business politics corporations tax evasion money laundering shell companies

The Corruption Perceptions Index ranks Canada in the top 10 least corrupt countries in the world. In recent years, corruption is increasingly a problem in government, industry and non-governmental organizations. For instance, in 2013, the World Bank blacklisted SNC-Lavalin and its subsidiaries from "bidding on its global projects under its fraud and corruption policy" due to the Padma Bridge scandal. Canada also ranks at the bottom of the bribery-fighting rankings, "with little or no enforcement of anti-bribery measures". The 2014 Ernst & Young global fraud survey found that "twenty percent of Canadian executives believe bribery and corruption are widespread in this country". According to a study by the Graduate School of Public Policy at the University of Saskatchewan, "a large proportion of Canadians see their politicians and their institutions as fundamentally corrupt".   (more...)

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