Canada’s Biggest Companies Have More Than 1,000 Subsidiaries in Tax Havens: Here’s What We’re Reading

The Daily 5 is Sharp’s essential reading list for what’s happening in the world today. Make sure to follow us on Twitter or subscribe to the Sharp Insider newsletter to stay up to date.

Here’s what we’re reading today.

1. Canada’s biggest corporations have more than 1,000 subsidiaries in tax havens, report says

“Canada’s 60 biggest corporations have more than 1,000 subsidiaries in offshore tax havens, depriving government coffers of up to $15 billion annually, according to a new report being published Wednesday.”

Toronto Star

+1: Loblaws plans to close 22 store, launch home delivery – CBC News

2. Republican senator comes out against GOP tax bill

“Republican Sen. Ron Johnson announced he is opposed to the tax bill Wednesday, making him the first member of the GOP to formally come out against the party’s plan.”

CNN

+1: Mitch McConnell publicly floats Jeff Sessions as write-in alternative to Roy Moore – Washington Examiner

3. Christopher Steele wrote the Trump-Russia dossier. But who is he?

“The inside story of how a former British spy was hired to investigate Russia’s influence on Trump – and uncovered explosive evidence that Moscow had been cultivating Trump for years.”

The Guardian

+1: From Oliva Nuzzi: Inside the Breitbart Embassy, where Steve Bannon entertains elites and plots his populist takeover – New York Magazine

4. China is perfecting a new method for suppressing dissent on the internet

“The art of suppressing dissent has been perfected over the years by authoritarian governments. For most of human history, the solution was simple: force. Punish people severely enough when they step out of line and you deter potential protesters.

“But in the age of the internet and “fake news,” there are easier ways to tame dissent.”

Vox

5. The most hated poet in Portland

“One tweet turned Collin Andrew Yost into a joke. Could he survive it?”

The Outline