ABSTRACT
Canada is one of the world's top tourist attractions if one happens to be a non-Canadian securities swindler. Researchers ought to include Canadian data and scenarios in their multi-country comparative studies, because Canada is likely to provide an excellent testing ground for the comprehensiveness and effectiveness of any proposed securities protection hypotheses. Most of the publicized Canadian securities frauds constitute civil court actions designed to recover some of the stolen money. In the late 1980s Canadian politicians ceased holding public judicial inquiries into the causes of large financial failures. Canada is ripe for the next batch of Ponzi and pyramid schemes because the politicians have not taken corrective action. Much of the consequences of Canada's securities market corruption have been self-inflicted by various participants. As stated at the outset, research on corporate corruption has to include Canada as one of its 'lab rats'.
