To begin, take some specific information presented on the Canadian Broadcasting Corporation (CBC), Sunday News show which aired November 23, 2008.
|$700,528||salary and compensation for David Wilson, head of the OSC, 2007|
|2||the number of criminal prosecutions for securities fraud in Canada for 2002 - 2007|
|$158,500||salary and compensation for David Cox, head of the SEC, 2007|
|1,236||the number of criminal prosecutions for securities fraud in the US for 2002 - 2007|
|17x||How much larger the average fine is for securities fraud in the US compared to the comparable fines levied in Canada|
Looking now at what our criminals face, Earl Jones received a sentence for 11 years, but may be out in 2 years. The blatantly guilty Garth Drabinsky and his henchman Myron Gottlieb have spent something like 6 hours in jail thus far and it appears that it will be some time before will waste more taxpayer's money in an attempt to stay out of jail.
How do we remove these ugly examples of Canada's attitude towards these criminals and make Canadian's proud on the world stage in financial justice?