Canadian Revenue Agency to look into the Panama Papers leak
Wed, Feb 24: As the global fallout from the so-called Panama papers leak continues, the impact is also being felt in Canada. The Federal government has instructed the CRA to review the documents and cross reference it with its own data. Vassy Kapelos has more.
Top Story
Apr 5, 2016
Panama Papers: Trudeau says $440M in budget to help CRA go after Canadian tax evaders
Prime Minister Justin Trudeau addressed the Panama Papers data leak on Wednesday saying that the federal government is providing the Canada Revenue Agency with “extra tools”, including $440 million in budget funding, in an effort to pursue Canadian tax evaders.
Canada
Apr 6, 2016
Iceland’s PM resigns over fallout from Panama Papers allegations
Iceland’s Prime Minister resigned Tuesday amid protests and pressure, after he was named in the “Panama Papers” investigations. He’s one of a dozen current or former heads of state who allegedly stashed away wealth and evaded taxes through offshore accounts.
Politics
Apr 5, 2016
‘Panama Papers’ reveal ‘huge industry’ of tax evasion
The release of a vast trove of documents and other data on offshore financial dealings of wealthy, famous and powerful people around the world is raising questions over the widespread use of such tactics to avoid taxes and skirt financial oversight.
World
Apr 4, 2016
Iceland PM walks out on interview after being questioned about Panama Papers allegations
Iceland’s Prime Minister Sigmundur David Gunnlaugsson walked out of an interview with Swedish news outlet SVT after being questioned about his involvement with an offshore company that was linked to the tax evasion scheme at the heart of the Panama Papers.
Money
Apr 4, 2016
Deutsche Bank denies it withheld info from authorities related to Panama Papers
Police raided six Deutsche Bank offices in and around Frankfurt, Germany, over money laundering allegations related to the “Panama Papers.”
Nov 29, 2018
Online database names thousands of offshore companies found in Panama Papers
A database was revealed online naming the 200,000 offshore companies – including Canadian businesses – found in the Panama Papers. Jacques Bourbeau has the story.
Canada
May 9, 2016
BIV: RBC faces questions over Panama Papers scandal
Thu, Apr 7: The Royal Bank of Canada is facing questions as the only bank in Canada implicated in the Panama Papers scandal. Jen St. Denis from Business in Vancouver has the details,
Money
Apr 7, 2016
Iceland’s prime minister resigns amid Panama Papers scandal
Iceland’s prime minister Sigmundur David Gunnlaugsson officially resigned on Thursday after alleged involvement in the Panama Papers scandal. Sigurdur Ingi Johannsson has taken over as new prime minister.
Politics
Apr 7, 2016
Thousands rally in Iceland after release of Panama Papers ignites controversy for PM
Protesters rallied outside the Icelandic Parliament in the capital Reykjavik on Monday as anger mounted over Prime Minister Sigmundur David Gunnlaugsson’s alleged link to an offshore company that would represent a serious conflict of interest.
World
Apr 4, 2016
Panama Papers: Is Panama a country or a business?
Mon, Apr 4: The leak of the so-called Panama Papers is shedding light on how people have offshore bank accounts and evade paying taxes. Author Jeffrey Robinson discusses why Panama is chosen and how it all works.
Global National
Apr 4, 2016
At least 350 Canadians linked to Panama Papers scandal
Toronto Star Foreign Affairs reporter Marco Oved said Tuesday that at least 350 Canadians are named in the Panama Papers, many of which are lawyers and accountants who are helping individuals evade up to $7.8 billion in taxes dollars.
Canada
Apr 5, 2016
At least 350 Canadians linked to Panama Papers scandal
Toronto Star Foreign Affairs reporter Marco Oved said Tuesday that at least 350 Canadians are named in the Panama Papers, many of which are lawyers and accountants who are helping individuals evade up to $7.8 billion in taxes dollars.
Canada
Apr 5, 2016
‘Tax avoidance is a big global problem’: Obama
U.S. President Barack Obama commented on the Panama Papers, a leak of vital documents from a Panama law firm which helps rich people around the world to hide their money in shell companies.
Money
Apr 5, 2016
Protests in Iceland continue after release of Panama Papers
It was the third consecutive day of demonstrations in Reykjavik, with protesters calling for a new government in Iceland after the release of the Panama Papers. Sigmundur David Gunnlaugsson stepped down as prime minister on Tuesday after a massive leak of documents from a Panamanian law firm showed it created offshore accounts for him and...
World
Apr 6, 2016
Coronavirus: GTA project supports, comforts nurses across the region
A well-known lingerie shop in Toronto is supporting our frontline nurses with the Comfort Project pampering nurses with pajamas, loungewear, and self-care kits. Susan Hay has the story.
Global News at 5:30 Toronto
May 19, 2020
Panama Papers: Quebec businesswoman’s name frequently listed
Sun, Apr 10: Businesswoman and Montreal philanthropist, Louise Blain, is among those whose name appears repeatedly in the Panama Papers.
Apr 10, 2016
Can the Canada Revenue Agency crack down on tax evaders?
Mon, Apr 11: In the wake of the so-called Panama Papers leak, the Canada Revenue Agency promises to crack down on tax cheaters. But as Jacques Bourbeau reports, the feds don’t have as strong a record on catching tax evaders as you might think.
Global National
Apr 11, 2016
Panama Papers: Why it matters to Canadians
In an international data leak that has linked world leaders, business people and celebrities to offshore accounts in Panama, 350 Canadians have been identified.
Canada
Apr 5, 2016
Panama Papers: PM hopeful latest budget solves tax gap in Canada
Prime Minister Justin Trudeau said Wednesday that his government showed its support for the Canada Revenue Agency’s efforts in pursuing tax evaders by committing $440 million in new funding.
Canada
Apr 6, 2016