What’s the best country to launder money in? How can a corporation avoid nuisances like laws? How does a company avoid paying taxes that fund infrastructure and services that it depends on? Would the sinking of the Cayman islands make a difference to international finance? The answers to these and other questions were covered in a recent talk by author Alain Denault in Fredericton.
Deneault was the speaker for the public talk at the 6th Annual General Meeting of the NB Media Co-op on September 29, 2015. Denault explains what a tax haven is and the injustices perpetuated through them.
Deneault is a Quebec author, writing on topics such as international finance, globalization, transnational corporations and tax havens. Denault is author of several books. They include Noir Canada, which shone a light on Canadian mining companies’ human rights abuses in Africa. Due to legal challenges against the book, it was republished under a different name, Paradise Underground, Paradis sous-terre. Deneault is also the author of Imperial Canada Inc.: Legal Haven of Choice for the World’s Mining Industries, which has also been the target of threatened legal action from Barrick Gold.
The talk was co-hosted by St. Thomas University’s Department of Criminology and Department of Sociology, and the Federation of New Brunswick Faculty Associations. Opening remarks were given by Jean Sauvegeau of the NB Prosperity and Not Austerity Coalition.