The Exclusive Hidden-Camera Investigation Launches Tuesday, Oct. 1 on CBC News
An exclusive CBC News hidden-camera investigation reveals loopholes and shortcomings in Canada’s system of stopping the flow of hidden money to offshore tax havens.
“It’s a whole network of offshoring that allows wealthy people to play the system so they don’t pay the kind of taxes we pay,” says Jack Blum, one of the world’s top experts on the issue.
Over the course of several months in Toronto and Barbados, armed with hidden cameras, CBC News tested lawyers, accountants and other service providers offering offshore-related services. Would they agree to help hide one million dollars offshore?
The investigation launches Tuesday, Oct. 1 on CBC News Network, CBC-TV, CBC Radio and CBCNews.ca:
- October 1 - A Swiss-Canadian banker reveals what experts call a “dangerous” and “untraceable” scheme for laundering money.
- October 2 - Documentary—Offshore Exposed—airs on CBC News’ THE NATIONAL at 10 p.m. (10:30 NT) on CBC-TV and at 9 and 11 p.m. ET/PT on CBC News Network. A former executive from a major Canadian bank and a former employee from the Canadian Revenue Agency are caught on tape offering advice involving tax evasion.
- October 7 - Documentary Offshore Exposed continues on CBC News’ THE NATIONAL at 10 p.m. (10:30 NT) on CBC-TV and at 9 and 11 p.m. ET/PT on CBC News Network. A loophole is revealed for Canadian businesses to avoid paying taxes by shifting profits offshore.
Tune in as the investigation takes you from Canada’s largest financial centre to the land of sunny beaches and secretive banks in the Caribbean.
“Our hidden-camera investigation began as a simple test,” said Harvey Cashore, CBC News Special Investigations Unit senior producer. “Would anyone help our undercover agent hide business profits and undeclared cash offshore? The answers take the audience deep into a largely unknown world.”
“What you’ve shown me is what I have been living and breathing for the last 20 years,” said one insider after reviewing the hidden camera investigation. “I mean, this goes on and what I see is that you have successfully penetrated, better than I’d ever seen, any report in the past, the secret world that goes on.”
Harvey Cashore, CBC News Special Investigations Unit senior producer, is available for interviews.
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About CBC News
For more than 75 years, CBC has been the source Canadians turn to, to keep them informed about their communities, their country and their world. Through regional and national programming on multiple platforms, including CBC Television, CBC News Network, CBC Radio, CBCNews.ca, mobile and on-demand, CBC News and its internationally recognized team of award-winning journalists deliver the breaking stories, the issues, the analyses and the personalities that matter to Canadians.
For further information, or to request interviews, contact:
Corey Black, News and Current Affairs publicist, CBC
416.205.8710 (office)/647.221.4133 (mobile)
