Finally the world is getting awakened to the larceny at the heart of capitalism. The Panama Papers have just revealed the tip of the massive iceberg that is the offshore/tax haven banking system.
http://www.thestar.com/news/world/2016/04/04/how-offshore-tax-havens-are-costing-canada-billions-of-dollars-a-year.html
and
http://www.theguardian.com/news/2016/apr/03/what-you-need-to-know-about-the-panama-papers
Rebel Media, the bombastic, barking baby of Ezra Levant, a Toronto area journo who is constantly attacking non neocon politicians and pundits for their corruption and lies, recently paid for a billboard right close to the home address of Ontario's free-spending premier Kathleen Wynne. Here it is and below it is strawdog's alternative billboard.
from the Toronto Star linked story above ...
The Royal Bank of Canada and its subsidiaries account for 378 shell companies registered in the Mossack Fonseca data. An RBC spokeswoman said the bank has an extensive due diligence process “to ensure we understand who the client is and what their intentions are,” and added that “if we have reason to believe a client is seeking to commit a criminal office by evading taxes, we would report the offence and not do business with the client.”
yeah, right
you can do your own due diligence on such RBC "due diligence" by reading two books ...
Criminal Capital by Stephen Platt
and
Treasure Islands by Nicholas Shaxson