By Steve Izma
In December 2012, the federal government passed Bill C-377, which amends the Income Tax Act to require labour organizations to increase the detail of their financial reporting to the Canada Revenue Agency. Most notably, this includes the names and addresses of companies and individuals paid more than $100,000 by any union.
This call for increased exposure of financial transactions might surprise some people, coming as it does from a government famous for its secrecy. More transparency about military spending anyone? How about a Parliamentary Budget Office whose questions to the government get answered?
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