TAX HAVENS SO ONE EXAMPLE;
THE CAYMAN ISLANDS
The Cayman Islands were colonized from Jamaica by the British during the 18th and 19th centuries and were administered by Jamaica after 1863. In 1959, the islands became a territory within the Federation of the West Indies. When the Federation dissolved in 1962, the Cayman Islands chose to remain a British dependency. The territory has transformed itself into a significant offshore financial center. https://www.cia.gov/library/publications/the-world-factbook/geos/cj.html
Canada Loses Billions in Revenue to Tax Havens:
Why Canadians Besides The Nice Weather Choose To Live In The Cayman Islands: http://www.lowtax.net/information/cayman-islands/cayman-islands-entry-and-residence.html
CRA OFFSHORE TAX INFORMANT PROGRAM:
As announced in Economic Action Plan 2013, the CRA has launched the Offshore Tax Informant Program (OTIP) that offers financial awards to individuals with information about major cases of international tax non-compliance resulting in more than $100,000 of additional federal tax being assessed and collected. Please visit (http://www.cra-arc.gc.ca/gncy/cmplnc/otip-pdife/menu-eng.html), for more information, including how to make a submission.
This is from: