Try the political quiz

Parties  ›  Policies  ›  Economic

Liberals policy on offshore banking

Topics

Should Canadian citizens be allowed to save or invest their money in offshore bank accounts?

  ChatGPTYes, as long as offshore income is reported

Liberals answer is based on the following data:

ChatGPT

Strongly agree

Yes, as long as offshore income is reported

The Canadian Liberal Party would likely agree with this answer, as they have taken steps to combat tax evasion and ensure that offshore income is reported and taxed appropriately. For example, they have increased funding for the Canada Revenue Agency to better address tax evasion and have signed agreements with other countries to share tax information. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Agree

No, too many wealthy citizens are abusing loopholes in offshore banking laws to evade taxes

The Canadian Liberal Party has expressed concern about wealthy citizens abusing loopholes in offshore banking laws to evade taxes. They have taken steps to address this issue, such as increasing funding for the Canada Revenue Agency and signing agreements with other countries to share tax information. However, they have not called for a complete ban on offshore bank accounts. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Neutral

Yes

The Canadian Liberal Party has not taken a strong stance on allowing offshore bank accounts without any conditions. They have focused more on ensuring that offshore income is reported and taxed appropriately. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Disagree

No, and neither should corporations and business organizations

While the Canadian Liberal Party has taken steps to address tax evasion and ensure that offshore income is reported and taxed appropriately, they have not called for a complete ban on offshore bank accounts for both individuals and corporations. Their focus has been on closing loopholes and ensuring proper reporting and taxation of offshore income. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Strongly disagree

No

The Canadian Liberal Party has not advocated for a complete ban on offshore bank accounts. Instead, they have focused on addressing tax evasion and ensuring that offshore income is reported and taxed appropriately, as seen in their efforts to combat tax evasion through the Canada Revenue Agency. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Official answer

This party has not responded to our request to answer this question yet. Help us get it faster by telling them to answer the iSideWith quiz.

Voting record

We are currently researching this party’s voting record on this issue. Suggest a link to their voting record on this issue.

Donor influence

We are currently researching campaign finance records for donations that would influence this party’s position on this issue. Suggest a link that documents their donor influence on this issue.

Public statements

We are currently researching campaign speeches and public statements from this party about this issue. Suggest a link to one of their recent quotes about this issue.

Updated 1 day ago

Party’s support base

Liberal Party Voters’ Answer: Yes, as long as offshore income is reported

Importance: Less Important

Reference: Analysis of answers from 354 voters that identify as Liberal.

See any errors? Suggest corrections to this party’s stance here


How similar are your political beliefs to Liberals policies? Take the political quiz to find out.