Friday, June 29, 2018

Friday Morning Links

Assorted content to end your week.

- PressProgress highlights the Canada Revenue Agency's long-overdue estimate of the public costs of offshore tax evasion, as well as other new data on the money being withheld through corporate tax non-compliance:
On Thursday, Canada’s tax collection agency published its first ever estimate of the international tax gap, revealing wealthy Canadians are evading up to $3 billion in tax every year through offshore tax havens.

The CRA estimates the amount of money wealthy Canadians are stashing offshore could range between $75.9 billion and $240.5 billion.

Meanwhile, earlier this week, CBC News obtained internal CRA documents that suggests Canada is losing more than $22 billion per year to corporate tax dodgers.

Together, corporate tax dodgers and wealthy elites are now costing Canada at least $25 billion every year – that alone would cover the costs of a national pharmacare plan, introduce a national child care program and cut poverty in Canada in half.
- Meanwhile, Rob Shaw comments on the B.C. Libs' eager facilitation of money laundering through casinos - including by repeatedly shutting down law enforcement investigating the problem. 

- David Macdonald studies the radically inconsistent availability of child care across Canada, including "deserts" where there's no reliable expectation of being able to find care. And CBC notes that most children in Saskatchewan's major cities are trapped in those deserts.

- Michael Tutton reports on a new federal study discussing the massive steps needed to deal with our current rate of climate change.

- Finally, Armine Yalnizyan responds to the corporatist attempt to destroy supply management by pointing out that the only alternative is putting ourselves at the mercy of heavily-subsidized U.S. agribusiness giants.

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