Show Action on Fentanyl & Honour Promises to Allies and Trade Partners on Beneficial Ownership
By Bob
9 Mar 2025
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Canada has done the tricky legislative and regulatory work required to implement the national public beneficial ownership register. Canada committed to adopting the Beneficial Ownership Data Standard and reassured our allies and trade partners that Canada will use the international standard - https://www.ourcommons.ca/documentViewer/en/44-1/house/sitting-177/hansard#Int-12130517 Canada has a poor reputation in the OECD, G7, and WTO for our failure to prevent money laundering, and failure to adopt international standards on OCDS,BODS, - https://www.fatf-gafi.org/en/publications/Mutualevaluations/Fur-canada-2021.html.
NGOs such as Transparency International and Publish What You Pay, have repeatedly said “Money laundering is the lifeline for criminal activity, the fentanyl crisis, and foreign interference. Canada will soon have a powerful tool that will strengthen the integrity of its economy.” In the Fall of 2025 Canada will undergo an assessment and evaluation from the FATF with world bank and IMF participation. https://www.fatf-gafi.org/en/countries/fatf.html#:~:text=Jun%202016-,Nov%202025,-Jun%202026 This is also part of Canada's obligations as a signatory to the Open Data Charter. The main focus of Principle 5 of the ODC is to ensure that information that is published as a result of transparency or anticorruption laws is released as open data. https://opendatacharter.org/principles/#:~:text=Ensure%20that%20information%20published%20as%20a%20result%20of%C2%A0transparency%C2%A0or%C2%A0anticorruption%C2%A0laws%20is%20released%20as%20open%20data%3B Let's get our BODS setup before then. We can do this in a weekend by downloading the software developed by more mature partner nations from https://github.com/openownership/visualisation-tool, and loading in the data that ISED has been mismanaging for the past ~18 months since Bill C-42 received royal assent. If Canada can get this 4-5 hours of work done by the November FATF visit, then we show our allies we are serious about transparency, and the fentanyl crisis.
NicoleCorrado
Legalize all botanical substances. This way drug dealers are not selling toxic stuff. If it comes right off the plant, it is obvious what it is.
May 29 2025
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