Category: Tax Evasion

  • Bermuda Papers: Canada Wealthiest Have $300 Billion Offshore – CRA Says Still Working on It Since 2016

    HAMILTON, BERMUDA – A decade after the Panama Papers, and years after the Bermuda Papers revealed that Canada wealthiest families have stashed an estimated $300 billion in offshore tax havens, the CRA has announced it is still actively working on the file.

    We have assigned our best intern to the case, said a CRA spokesperson. She is very diligent and we expect a preliminary report sometime before the heat death of the universe.

    Notably, the $300 billion offshore would be enough to fund Canadian healthcare for three years. But instead, it is generating returns for people who do not need the money and paying for nothing in Canada.

    When asked why no charges have ever been laid in connection with the Bermuda Papers revelations, the RCMP said they were still reviewing the evidence and asked that we stop calling.

  • Canada Revenue Agency Launches Investigation Into Itself – Results Inconclusive

    OTTAWA – The Canada Revenue Agency announced today it has completed a thorough investigation into allegations of… itself. After months of rigorous self-reflection, the CRA has concluded that it has done nothing wrong, everything is fine, and Canadians should stop asking about the billions in pandemic benefits that went to organized crime.

    Our internal review was exhaustive, said a CRA executive. We looked at every file, and we have determined that the CRA is excellent at its job and totally not covering anything up.

    The report has been filed in a secure location, believed to be a locked drawer somewhere in Ottawa that nobody can find the key to.

    This story involves public funds. See our Hall of Shame for more on the worst abuses of taxpayer money since 2015.

  • BREAKING: Trudeau Government Spent $54M on Pandemic Preparedness – Zero Pandemics Prevented

    OTTAWA – In yet another chapter of Canadian government fiscal responsibility, the Trudeau administration has confirmed it spent over $54 million on pandemic preparedness programs since 2020. The result? Zero additional pandemics were prevented.

    We needed to be ready for the next one, said a spokesperson. When asked what exactly the $54 million purchased, the response was vague references to consulting fees and stakeholder engagement sessions.

    Meanwhile, small businesses that were forced to close during the actual pandemic are still waiting for the CEBA loan forgiveness they were promised. But hey – at least the consulting class is thriving.

    This story involves public funds. See our Hall of Shame for more on the worst abuses of taxpayer money since 2015.