While this will help some households with gas prices, this is not the solution we need - Big Oil is profiting immensely from this crisis, now those profits will come at the expense of our public services as well as workers' paychecks. We should be redistributing those profits not our public services

Unlike most countries around the world, Canada could actually experience economic growth due to the US' illegal war on Iran. But, we need to focus on its distribution, not growth itself. The status quo means all that growth will be captured by a select few while the rest of us face higher prices...

Another year of record corporate profits, new tax cuts for corporations, and investment still did not budge. We need a different approach.

The extremely concerning provisions in Bill C-15 that could exempt corporations from myriad federal laws still have not been removed. Committees added some additional caveats but the bill still allows a single minister to exempt any corporation from paying income taxes. 350.org/press-releas...

Higher gas prices are going somewhere: into the pockets of the owners of the oil and gas industry. An excess profits tax could redistribute those funds back to us. For more information on what that could look like: www.taxfairness.ca/en/resources...

Canadian oil profits for the Big 4 are set to soar as the US/Israel strikes on Iran rattle global markets. 📈 While prices spike, Cdn producers could reap a "risk premium." We should tax these windfall profits to invest in future-proof, climate-resilient energy. We need a windfall tax on O&G now.

🚨NEW REPORT: Our new report, along with our friends at BC Policy Solutions, estimates wealth concentration in Canada from 1999-2023. We find that the share of wealth owned by the top 1% increased from 19.3% to 22.7% over this period. www.taxfairness.ca/en/resources...

My latest for CCPA is actually not about taxes! But amidst the celebration of Carney's Davos speech, his government is continuing to make very concerning moves you probably haven't heard about...

No end is in sight for the race to the bottom on corporate taxation shown below. The OECD confirmed today that US multinationals will be exempt from the GMT agreement and created a new carveout for tax credits, meaning even the meagre 15% rate is unlikely to apply to most multinationals in Canada

The surge in corporate profit rates that began during COVID has never ended - a greater share of corporate revenue is profits than ever before, and we are taxing those profits less than ever. No wonder CEO pay has hit another record high!

Where is the critical coverage of the budget implementation bill? It allows ministers to exempt ANY entity from ANY federal law (except the criminal code). The CCF says this gives ministers the power to "act like dictators" yet I haven't seen a single English-language media outlet cover this

As the federal gov inconceivably lifts regulations on oil and gas and lays the groundwork for a new pipeline, a reminder that our recent research found "Canada's" O&G industry's recent expansion increased payouts to foreign shareholders without adding any new jobs www.taxfairness.ca/en/resources...

the "tax the billionaires" political refrain is Good Actually in part because it is a call for the people at the top to actually be constrained by rules informed by the public interest, a virtue that fingerwagging correctives about how much revenue such taxes would *really* generate doesn't address

In our latest for The Breach, Jared and I do a deep dive on how continued tax haven abuse is not just despite our government policy - it's because of our government policy.

Great to see income inequality getting the in-depth coverage it deserves! When we think about economic policy, we need to think not just about growth, but about how economic growth will be distributed - too often it has benefitted shareholders and CEOs, not workers.

After decades of international cooperation and the domestic implementation of a global minimum corporate tax, the use of tax havens must be declining, right? Actually, our new report finds Canadian assets in tax havens hit a record $682B in 2024, up 165% from 2014 www.taxfairness.ca/en/resources...

When asked about preventing corporate tax avoidance, Carney promised to review the corporate tax system but failed to commit to any meaningful action to stop the use of tax havens. With @c4tf.bsky.social, I explained why all parties need to address this now: www.taxfairness.ca/en/resources...

While affordability concerns heightened during the pandemic, they were not new... Half of Canadians’ market incomes increased less than the cost of living from 1982 to 2022. Shelter costs increased from 23.4% of a typical household’s budget in 1982 to 31.4%. www.taxfairness.ca/en/resources...