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Hi folks<div><br></div><div>To get to climate justice we need tax justice and here is a summery of issues we have in Canada and what is being done about it.</div><div><br></div><div><span style="-webkit-text-size-adjust: auto;">The Ontario Federation of Labour said their is an intense concentration of power with the Asset Managers. ie: Blackrock can purchase 4 times the shares of UK stock right now. They can control 20% of the market presence with 5% of the votes and that's way too much power.</span><div style="-webkit-text-size-adjust: auto; word-wrap: break-word !important;"><div style="word-wrap: break-word !important;"><br style="word-wrap: break-word !important;"></div><img src="cid:Qw2CWhZMCnyjkgkMfFjW" data-ymail="inline-attachment" data-filename="IMG_8991.JPG" data-filesize="48688" yahoo_partid="2" alt="Inline image" class="yiv8174952907ymail-preserve-class yiv8174952907inline-image-guid-1BF72FB5-6BEF-4785-A749-95AD1089E6BD yiv8174952907rte-inline-saved-image" style="word-wrap: break-word !important; width: 300px; max-width: 100%; height: auto; min-height: auto;"><div style="word-wrap: break-word !important;"><br style="word-wrap: break-word !important;"></div><img src="cid:uHkFs6dgCLqdoXy78YYV" data-ymail="inline-attachment" data-filename="IMG_8992.JPG" data-filesize="95968" yahoo_partid="3" alt="Inline image" class="yiv8174952907ymail-preserve-class yiv8174952907inline-image-guid-574182C0-B7F4-480E-81AB-316A69E10AFF yiv8174952907rte-inline-saved-image" style="word-wrap: break-word !important; width: 300px; max-width: 100%; height: auto; min-height: auto;"><div style="word-wrap: break-word !important;"><span style="word-wrap: break-word !important;">The UK infrastructure advisor Sir John Armitt admits to “Binding Politicians” to 30 year old schemes as noted in the KPMG Insights Report 2015. He seems to think politicians exist to only approve infrastructure.</span></div><div style="word-wrap: break-word !important;"><span style="word-wrap: break-word !important;"><br style="word-wrap: break-word !important;"></span></div><div style="word-wrap: break-word !important;"><span style="word-wrap: break-word !important;"><div style="word-wrap: break-word !important;"><br style="word-wrap: break-word !important;"></div><img src="cid:RaWIYhYDR5CjoIRkeybG" data-ymail="inline-attachment" data-filename="IMG_8993.JPG" data-filesize="133659" yahoo_partid="4" alt="Inline image" class="yiv8174952907ymail-preserve-class yiv8174952907inline-image-guid-6347425F-AAA6-45B6-BB5A-35D48AC71C69 yiv8174952907rte-inline-saved-image" style="word-wrap: break-word !important; width: 300px; max-width: 100%; height: auto; min-height: auto;"><div style="word-wrap: break-word !important;"><br style="word-wrap: break-word !important;"></div><img src="cid:np1SIg8jn55Uev0kny50" data-ymail="inline-attachment" data-filename="IMG_8994.JPG" data-filesize="206114" yahoo_partid="5" alt="Inline image" class="yiv8174952907ymail-preserve-class yiv8174952907inline-image-guid-C6FBBE70-18EF-4238-890E-F40617D43325 yiv8174952907rte-inline-saved-image" style="word-wrap: break-word !important; width: 300px; max-width: 100%; height: auto; min-height: auto;"><div style="word-wrap: break-word !important;"><br style="word-wrap: break-word !important;"></div><img src="cid:dyDc1zAoiz3DjkZNt1Yo" data-ymail="inline-attachment" data-filename="IMG_8995.JPG" data-filesize="274797" yahoo_partid="6" alt="Inline image" class="yiv8174952907ymail-preserve-class yiv8174952907inline-image-guid-26255173-E856-48BF-AB8E-BE6D83F4CFD3 yiv8174952907rte-inline-saved-image" style="word-wrap: break-word !important; width: 300px; max-width: 100%; height: auto; min-height: auto;"><div style="word-wrap: break-word !important;"><br style="word-wrap: break-word !important;"></div></span>A report: KPMG'S REGULATORY ARBITRAGE CULTURE (the simultaneous buying and selling of securities, currency, or commodities in different markets for advantage. Market rigging, buying shorts etc.) <a href="https://www.academia.edu/19497525/KPMGS_REGULATORY_ARBITRAGE_CULTURE" style="word-wrap: break-word !important;" target="_blank" rel="noreferrer noopener">https://www.academia.edu/19497525/KPMGS_REGULATORY_ARBITRAGE_CULTURE</a></div><div style="word-wrap: break-word !important;"><br style="word-wrap: break-word !important;"></div><div style="word-wrap: break-word !important;"><div style="word-wrap: break-word !important;">And Canada’s Jersey offshore tax mess is this: <span style="word-wrap: break-word !important;">“A loan that everyone knows from the beginning is not going to be repaid…is not a loan.” Loomer says. “Even if it technically was a loan, Canada has debt forgiveness rules that could apply.”</span></div></div><div style="word-wrap: break-word !important;"><br style="word-wrap: break-word !important;"></div><div style="word-wrap: break-word !important;"><a href="https://globalreportingcentre.org/jersey-offshore/" style="word-wrap: break-word !important;" target="_blank" rel="noreferrer noopener">https://globalreportingcentre.org/jersey-offshore/</a></div><div style="word-wrap: break-word !important;"><br style="word-wrap: break-word !important;"></div><div style="word-wrap: break-word !important;">Harper and Nigel Wright of Onex allowed CEOs to be paid in shares to reduce corporate tax rates by 50%. <span style="word-wrap: break-word !important;">In 2018 Brookfield's Senior Manager James Flatt's base salary was $795,334 with $5,385,958 in shares making his total compensation $6,181,292. Giving shares to CEOs is a horrible tax loophole. They should be paid in cash. </span><a href="https://archive.canadianbusiness.com/lists-and-rankings/richest-people/canada-100-highest-paid-ceos/" style="word-wrap: break-word !important;" target="_blank" rel="noreferrer noopener">https://archive.canadianbusiness.com/lists-and-rankings/richest-people/canada-100-highest-paid-ceos/</a></div><div style="word-wrap: break-word !important;"><br style="word-wrap: break-word !important;"></div><div style="word-wrap: break-word !important;">We lost 11 Billion in one year in 2014. It isn’t sustainable. <a href="https://www.cbc.ca/news/business/cra-corporate-taxes-1.5179489" style="word-wrap: break-word !important;" target="_blank" rel="noreferrer noopener">https://www.cbc.ca/news/business/cra-corporate-taxes-1.5179489</a></div><div style="word-wrap: break-word !important;"><br style="word-wrap: break-word !important;"></div><div style="word-wrap: break-word !important;">It gave CEO’s outrageous power and because the lawyers are handling the assets it lacks transparencies with solicitor client privileges. </div><div style="word-wrap: break-word !important;"><br style="word-wrap: break-word !important;"></div><div style="word-wrap: break-word !important;"><a href="https://moodysprivateclient.com/supreme-court-of-canada-rules-that-fintrac-requirements-do-not-apply-to-law-firms-solicitor-client-privilege-remains-strong-in-canada/" style="word-wrap: break-word !important;" target="_blank" rel="noreferrer noopener">https://moodysprivateclient.com/supreme-court-of-canada-rules-that-fintrac-requirements-do-not-apply-to-law-firms-solicitor-client-privilege-remains-strong-in-canada/</a></div><div style="word-wrap: break-word !important;"><br style="word-wrap: break-word !important;"></div><div style="word-wrap: break-word !important;">When KPMG was investigated Harper made CPA the oversight over Revenue Canada. It was a conflict of interest.</div><div style="word-wrap: break-word !important;"><br style="word-wrap: break-word !important;"></div><div style="word-wrap: break-word !important;"><a href="https://www.cbc.ca/news/business/harper-government-partnered-with-industry-group-battling-cra-over-kpmg-case-1.3257994" style="word-wrap: break-word !important;" target="_blank" rel="noreferrer noopener">https://www.cbc.ca/news/business/harper-government-partnered-with-industry-group-battling-cra-over-kpmg-case-1.3257994</a></div><div style="word-wrap: break-word !important;"><br style="word-wrap: break-word !important;"></div><div style="word-wrap: break-word !important;">Lack of transparancy drew in criminals. If folks break corporate rules they get away with settlements yet still made their money so crime is viewed at as the cost of doing business. </div><div style="word-wrap: break-word !important;"><br style="word-wrap: break-word !important;"></div><div style="word-wrap: break-word !important;">Groups are now working to advance a UN Tax Convention to prioritize the welfare of people over profits. <span id="yiv8174952907yahoo-rte-cursor-span" style="word-wrap: break-word !important;"></span><a href="https://taxjustice.net/2022/03/10/a-draft-un-tax-convention-building-momentum/" style="word-wrap: break-word !important;" target="_blank" rel="noreferrer noopener">https://taxjustice.net/2022/03/10/a-draft-un-tax-convention-building-momentum/</a></div><div style="word-wrap: break-word !important;"><br style="word-wrap: break-word !important;"></div><div style="word-wrap: break-word !important;">Folks are calling for wealth tax in Canada. <a href="https://www.taxfairness.ca/en/resource/explainer-what-wealth-tax" style="word-wrap: break-word !important;" target="_blank" rel="noreferrer noopener">https://www.taxfairness.ca/en/resource/explainer-what-wealth-tax</a></div><div style="word-wrap: break-word !important;"><br style="word-wrap: break-word !important;"></div><div style="word-wrap: break-word !important;">There are calls to create a public beneficial ownership registry to create greater transparency. <a href="https://www.law360.com/tax-authority/articles/1476441/canada-to-create-public-beneficial-ownership-registry" class="yiv8174952907enhancr2_BEA0380F-6A14-4FEE-A33B-2295A9C1EED2" style="word-wrap: break-word !important;" target="_blank" rel="noreferrer noopener">Canada To Create Public Beneficial Ownership Registry - Law360</a> <div style="word-wrap: break-word !important;"><br style="word-wrap: break-word !important;"></div><div id="yiv8174952907enhancr2_BEA0380F-6A14-4FEE-A33B-2295A9C1EED2" data-url="https://www.law360.com/tax-authority/articles/1476441/canada-to-create-public-beneficial-ownership-registry" data-type="LINK_ENHANCR_ATTACHMENT_TYPE_INLINE" data-category="website" data-embed-url="" data-size="medium" class="yiv8174952907yahoo-link-enhancr-card yiv8174952907yahoo-link-enhancr-cardSize-medium yiv8174952907yahoo-link-enhancr-cardType-yenhancr yiv8174952907yahoo-link-enhancr-cardCategory-website yiv8174952907ymail-preserve-class yiv8174952907ymail-preserve-style" style="word-wrap: break-word !important; max-width: 400px; font-family: "Helvetica Neue", Helvetica, Arial, sans-serif;"><a href="https://www.law360.com/tax-authority/articles/1476441/canada-to-create-public-beneficial-ownership-registry" class="yiv8174952907yahoo-enhancr-cardlink" style="color: rgb(0, 0, 0) !important; word-wrap: break-word !important;" target="_blank" rel="noreferrer noopener"><table cellpadding="0" cellspacing="0" border="0" class="yiv8174952907card-wrapper yiv8174952907yahoo-ignore-table" style="word-wrap: break-word !important; max-width: 400px;"><tbody style="word-wrap: break-word !important;"><tr style="word-wrap: break-word !important;"><td width="400" style="word-wrap: break-word !important;"><table cellpadding="0" cellspacing="0" border="0" width="100%" class="yiv8174952907card yiv8174952907yahoo-ignore-table" style="word-wrap: break-word !important; max-width: 400px;"><tbody style="word-wrap: break-word !important;"><tr style="word-wrap: break-word !important;"><td background="https://s.yimg.com/lo/api/res/1.2/o5dOKOPkKMwcqezF.fQdHw--~A/Zmk9ZmlsbDt3PTQwMDtoPTIwMDthcHBpZD1pZXh0cmFjdA--/https://www.law360.com/images/law360-stacked.png.cf.jpg" valign="top" class="yiv8174952907card-primary-image-cell" style="min-height: 200px; position: relative; word-wrap: break-word !important;"><table cellpadding="0" cellspacing="0" border="0" class="yiv8174952907yahoo-ignore-table" style="word-wrap: break-word !important; width: 300px;"><tbody style="word-wrap: break-word !important;"><tr style="word-wrap: break-word !important;"><td background="https://s.yimg.com/nq/storm/assets/enhancrV2/12/overlay-tile.png" bgcolor="transparent" valign="top" style="background-image: url("https://s.yimg.com/nq/storm/assets/enhancrV2/12/overlay-tile.png"); min-height: 200px; word-wrap: break-word !important; background-position: left top; background-repeat: repeat repeat;"><table height="185" class="yiv8174952907yahoo-ignore-table" style="word-wrap: break-word !important; width: 300px; min-height: 185px;"><tbody style="word-wrap: break-word !important;"><tr style="word-wrap: break-word !important;"><td class="yiv8174952907card-richInfo2" style="padding: 15px 0px 0px 15px; vertical-align: top; word-wrap: break-word !important;"></td><td class="yiv8174952907card-actions" style="word-wrap: break-word !important; text-align: right; padding: 15px 15px 0px 0px; vertical-align: top;"><div class="yiv8174952907card-share-container" style="word-wrap: break-word !important;"></div></td></tr></tbody></table></td></tr></tbody></table></td></tr><tr style="word-wrap: break-word !important;"><td style="word-wrap: break-word !important;"><table align="center" cellpadding="0" cellspacing="0" border="0" class="yiv8174952907card-info yiv8174952907yahoo-ignore-table" style="position: relative; z-index: 2; width: 283px; max-width: 380px; border-width: 1px 1px 3px; border-style: solid; border-color: rgb(224, 228, 233) rgb(224, 228, 233) rgb(0, 0, 0); margin-left: auto; margin-right: auto; word-wrap: break-word !important;"><tbody style="word-wrap: break-word !important;"><tr style="word-wrap: break-word !important;"><td style="padding: 16px 0px 16px 12px; vertical-align: top; word-wrap: break-word !important;"></td><td style="word-wrap: break-word !important; vertical-align: middle; padding: 16px 12px; width: 235px;"><h2 class="yiv8174952907card-title" style="font-size: 16px; line-height: 19px; margin: 0px 0px 4px; word-wrap: break-word !important;">Canada To Create Public Beneficial Ownership Registry - Law360</h2><p class="yiv8174952907card-description" style="font-size: 11px; line-height: 15px; word-wrap: break-word !important;">Canadas government will create a public beneficial ownership registry by the end of 2023, Prime Minister Justin Trudeau said Tuesday in a news release announcing an alliance between two major parties to keep him in power until 2025.</p></td><td style="word-wrap: break-word !important; text-align: right; padding: 16px 12px 16px 0px;"></td></tr></tbody></table></td></tr></tbody></table></td></tr></tbody></table></a></div><div style="word-wrap: break-word !important;"><br style="word-wrap: break-word !important;"></div><div style="word-wrap: break-word !important;">Transparancy International is calling for the same to help end Snowwashing to stop illicit funds. <a href="https://transparencycanada.ca/news/end-snow-washing-coalition-applauds-accelerated-timeline-for-a-publicly-accessible-beneficial-ownership-registry-by-2023" style="word-wrap: break-word !important;" target="_blank" rel="noreferrer noopener">https://transparencycanada.ca/news/end-snow-washing-coalition-applauds-accelerated-timeline-for-a-publicly-accessible-beneficial-ownership-registry-by-2023</a></div><div style="word-wrap: break-word !important;"><br style="word-wrap: break-word !important;"></div><div style="word-wrap: break-word !important;">It is wonderful to see the issue advancing. If we get economics right social and climate justice will follow.</div><div style="word-wrap: break-word !important;"><br style="word-wrap: break-word !important;"></div><div style="word-wrap: break-word !important;">Bit by bit!</div><div style="word-wrap: break-word !important;"><br style="word-wrap: break-word !important;"></div><div style="word-wrap: break-word !important;">Lulu 😀</div></div></div><br><br><a href="https://overview.mail.yahoo.com/?.src=iOS" target="_blank" rel="noreferrer noopener">Sent from Yahoo Mail for iPhone</a><br></div>
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