As Canadians we're a pretty self-contented lot. A lot of the time, we take our fair society and high standard of living for granted. But maybe we shouldn't be so complacent, at least when it comes to how we track down and punish white collar crime. According to a new report from Transparency International, we have a lot of work to do. Transparency International monitors global corruption and once again, we've been criticized for our "lack of progress" in fighting corruption and bribery by the standards set out by the Organization for Economic Co-operation and Development. In fact, we're ranked near the bottom in a list of 40 countries that were rated.
Transparency International accuses Canada of "little or no enforcement" when it comes to stopping bribes in business. Since we enacted the Corruption of Foreign Public Officials Act 13 years ago, we have only one conviction to show for it, and even then, it was just a fine. Compare that to the United States, which has prosecuted more than 200 companies and individuals for dirty dealing.