As with many other Canadian mining companies in Africa, Kinross has paid the country little and was accused of corruption.
“Sunny ways” had me going, too. I’ll admit it. All the right moves seemed to be getting made. The Dark Lord was beaten into silence, and has just now left the building.
For just one example of a break in the clouds, take organized labour. Justin promised to repeal several appalling pieces of anti-labour legislation:C-4,C-59, C-377 and C-525. The previous government (with Liberal support) effectively abolished pay equity in the Public Service: Trudeau struck a committee on pay equity, whose first recommendation was that this unconstitutional legislation be binned.
Built with public subsidies, a Montréal firm can shift its ‘head office’ to a tax haven and workforce abroad, but Ottawa will continue to use its diplomatic, economic and military might to advance the company’s reactionary international interests.
As part of its coverage of the Panama Papers, the Toronto Star recently reported that Gildan Activewear paid only a 2.8% tax rate on more than $1.3 billion US in declared income the last five years and it’s unclear if any of the apparel company’s measly $38 million in tax was paid in Canada.
Canadian “charities” (NGOs) call on Canadians to “walk for hope” in Africa
The seeds of Canadian corporations hiding billions of dollars in offshore tax havens were sown more than 40 years ago, after the Canadian government pursued a series of tax treaties with tiny Caribbean and European nations.
News that former Canadian Prime Minister Stephen Harper would be leaving politics presumably to “make his fortune” was met with derision and delight from his many critics who say that the conservative MP “destroyed the social fabric of Canada.”
Our aging newspapers and private TV networks are doing little to inform Canadians in a meaningful way about the dramatic changes in the climate that are already altering life in this country.