Canada is the world’s newest tax haven (2017)

Re:Canada is the world’s newest tax haven (2017) by msie on Monday November 18, 2019 @07:01PM (#21569452)

As one who has followed the reporting and the reports: the reporting is sketchy. Don't believe the hype.

[Edit]: Also don't rely on Douglas Todd's opinion piece. He plays fast and loose with the "facts" in that piece and he's notably against immigration.

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Re:Canada is the world’s newest tax haven (2017) by swebs on Monday November 18, 2019 @07:11PM (#21569523)

Feel free to go into detail or link some sources. "Dude, trust me" isn't going to convince many people.

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Re:Canada is the world’s newest tax haven (2017) by msie on Monday November 18, 2019 @08:17PM (#21569920)

Most of the stuff by global news is written by Sam Cooper. If you read his pieces he reports on a lot of hear-say, letting the reader's imagination fill in the pieces. Also he likes to inflate the effect of money laundering such that it is the source of all the problems: high real estate prices and the opioid drug epidemic - which is highly simplistic. In a way he is giving what the people want.

If you read the government report on money laundering, they don't really go into detail about how they came up with that 5 billion dollar figure. And then they estimate the effect of money laundering could affect RE prices from 5-20%. So, a lot of guessing. A billion here, a billion there...who cares, right? All the reporters just report on these numbers as facts.

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Re:Canada is the world’s newest tax haven (2017) by 99_00 on Tuesday November 19, 2019 @02:56PM (#21577509)

Douglas Todd cites his sources: University of British Columbia professors.

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