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Why do we keep letting Canada’s ultrarich use tax havens to stash wealth?

Imagine, in our incredibly polarized times, a truly unifying issue. A clear problem that everyone from the late great Ed Broadbent on the left to Pierre Poilievre on the right has agreed on. Imagine a policy proposal with 90 per cent popular support.

You can stop imagining. The issue is tax havens. This trick that allows Canada’s ultrarich and big corporations to stash wealth and avoid paying their fair share of tax is almost universally loathed. So after decades of public conversation, years of international negotiations and several pieces of new legislation, corporate Canada’s use of tax havens must be on the decline, right?

Not a chance. In fact, the problem just keeps getting worse.

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