The Orchard

The Orchard

How offshore tax havens fuel inequality in Canada and abroad

“It is a multi-partisan consensus that it should end, and it is also a multi-partisan consensus that has enabled it to proliferate and get worse.”

Jeremy Appel's avatar
Jeremy Appel
Oct 30, 2025
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According to a new report, Canadians have $142.4 billion in assets stored offshore in Bermuda. (Flickr/GoToBermuda)

This piece was originally published in Ricochet.

A group of dozens of wealthy Canadians calling themselves “Patriotic Millionaires” recently wrote an open letter to Finance Minister François-Philippe Champagne asking him to implement policie…

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