🚨New explainer🚨 Levels of Foreign Direct Investment don't actually tell us much about the state of the economy. @iipp-ucl.bsky.social's Sarah Doyle and @jonshell.bsky.social unpack what FDI is, when it is and isn’t beneficial and why these nuances matters. tinyurl.com/2s3p57w7 #CdnPoli #EconSky

Elbows up needs to include digital sovereignty. Those who want to do harm to Canadians should not own our digital, data and cloud infrastructure. We can't have sovereignty under these circumstances. theijf.org/american-fir...

What a treat to spend a day in Ottawa with 40 progressive economists and thought leaders to imagine a more robust nation-building economic strategy, at the ‘Elbows Up Economic Summit’: policyalternatives.ca/news-researc.... #cdnecon /2

Scoffield to take on ‘convoluted, archaic and often distorted tax system’ as founding CEO of the Canadian Tax Observatory. #TaxPolicy #TaxReform #CdnPoli #CanadaSky #EconSky #TaxFairness www.meansandways.ca/news-article...

"We can have democracy in this country, or we can have great wealth concentrated in the hands of a few, but we can't have both." –Justice Louis Brandeis Words spoken many years ago that are just as relevant today. We must continue the fight to get big money out of politics.

Canada’s largest employee-owned trust shows the power of EOTs to keep companies locally rooted while sharing wealth. Meera Raman cites the Social Capital Partners report I co-wrote with Jon Shell. Big credit to Employee Ownership Canada & Matthew Mendelsohn. www.theglobeandmail.com/business/art...

B.C.-based Taproot's sale of the company to its 750 employees demonstrates exactly what the Employee Ownership Trust (EOT) structure was meant to achieve. We couldn't agree more, Minister Champagne! #EmployeeOwnership #EOTs #OwnershipMatters #CdnPoli #CanadaSky

15 billion. Not by using any of the advantages the ultra-rich already get in the tax code. Just plain theft. Everyone agrees we need to crack down on this, so what's stopping us? breachmedia.ca/canadas-hidd...

I was in the RDC yesterday so I missed this HUGE announcement! Congratulations to @hscoffield.bsky.social and @scpartners.bsky.social and @jrobson.bsky.social for launching this long needed focus on fair taxation in Canada canadiantaxobservatory.ca#what-s-new

I’m delighted that the news is officially out that @hscoffield.bsky.social is the founding CEO of the Canadian Tax Observatory. canadiantaxobservatory.ca#what-s-new Heather’s skills, economic knowledge and networks will be invaluable to the success of this new NGO. #cdnpoli

Today, the board of directors of The Canadian Tax Observatory welcomed @hscoffield.bsky.social as the organization's founding CEO. Learn more about her ambitions for the new research and policy centre at: www.canadiantaxobservatory.ca #TaxPolicy #CdnPoli #CanadaSky #EconSky #TaxFairness

I've been following Wolfers for many months, and he stands out not just for the steady and measured foresight of his economic observations on the current US Administration's economic policy, but also for the clarity of them.

One of our economy's big problems is the increasing proportion of profits made through purely financial channels - also called financialization. Nearly half of all profit in Canada is made just by moving money around. #CdnPoli #OwnershipMatters #EconSky #CanadaSky HT @Mill_Moron via X

Fun Facts: Canada's second oldest company, Molson, merged with the American brewer Coors in 2004 and is headquartered in Chicago. Our oldest company, the Bay, folded this year after decades of American private equity ownership.

Now 750 people get to wear this nametag! This week, Taproot Community Support Services became the largest company in the country to transition to an #EmployeeOwnershipTrust. This will make sure it stays locally grounded and Canadian-owned for the long term #OwnershipMatters #CdnPoli #Hello

As Minister Champagne says, employee ownership is a "game changer" for companies like Taproot, for the broader Canadian economy and for frontline workers like Kam. Congratulations to Kam and all 750 Taproot employees on becoming owners - and Canada's largest EOT! #OwnershipMatters

Thank you for your continued leadership on #EmployeeOwnershipTrusts, @turnbullwhitby.bsky.social at a crucial time for economic sovereignty. Especially with an enduring tax incentive, EOTs can keep companies Canadian, keep jobs local and build wealth for workers. #OwnershipMatters

Today's meeting with @jonshell.bsky.social , chair of @scpartners.bsky.social , @danskilleter.bsky.social, Gene Chartier, Taylor Seek hon, and Lee Chitiz, all representing Employee Ownership Trusts (EOTs), was productive and insightful. #employeeownershiptrusts

We recommend #YourBudget2025 focus on broadening ownership to ensure the benefits of economic growth are more widely shared. Canada can make policy choices that move us away from an economy fueled by wealth extraction and towards more local reinvestment. #OwnershipMatters #CdnPoli

The wealthiest Canadians pay lower tax rates than what the average worker pays. Why? Because our tax system taxes employment income at a higher rate than passive investment income. SCP Fellow @silasxuereb.bsky.social unpacks the data: tinyurl.com/3ycnt6fz #CdnPoli #CanadaSky #Taxation

A threat to any sovereign nation's economic security and independence is a threat to all sovereign nations' economic security and independence. Canada is watching. #AlwaysCanada #Never51

70% of large U.S. bankruptcies in Q1 2025 were tied to PE-backed companies, despite such firms comprising just 6.5% of the U.S. economy. Healthcare has been particularly hard hit, with PE involved in more than half of large healthcare bankruptcies in 2024. www.newsweek.com/bankruptcies...

Bravo to #12 in @cfib.bsky.social federal budget recommendations: making the #EmployeeOwnershipTrust tax incentive permanent. This would give business owners, employees and advisors the certainty they need to unleash a wave of employee ownership transitions in 🍁. #OwnershipMatters #CdnPoli

Corporate leaders are obsessing over GDP per capita. But, if you look at just about any number that would meaningfully tell you how well our economy is doing, Canada does better than the U.S. @mendelmatt.bsky.social @jimstanford.bsky.social #alwayscanada #never51 #gdp #cdnpoli #cdnecon

For @techpolicypress.bsky.social this week I wrote about how Canada's tech accountability efforts should be squarely focused on protecting Canadian sovereignty in an unstable geopolitical environment. www.techpolicy.press/a-tech-antim...

Total policy failure. Total market failure. Total boomer failure. Young Canadians are getting screwed every day. Governments continue to work for people in their 60s. www.theglobeandmail.com/investing/pe...

I don't know who needs to hear this, but an economy controlled by a handful of oligarchs isn't a "free market."

The ownership agenda is just as important to our economic future as pipelines. Sovereignty isn’t just about control of our border. It’s also about control of our resources and assets. #OwnershipMatters #CdnPoli #EconSky

A new study finds wage satisfaction is at the lowest on record, with just 53.7% of respondents reporting they are satisfied with their current compensation.

Our economy isn't working well for young Canadians. Young Canadians under age 36 struggle with the highest levels of missed payments on credit cards and car loans. #Affordability #Debt #OwnershipMatters www.theglobeandmail.com/gift/e1d5b43...

There's a disconnect between those making return to office decisions and employees’ understanding why it matters. While CEOs cite the need to boost productivity, studies find hybrid work improves retention and has no impact on productivity or performance. #RTO #Productivity

Ownership matters. 4 ways employee-owned companies are better. #EmployeeOwnership #OwnershipMatters #EOTs

Politicians tell us taxes pay for public services. Actually, it does something more important — it shapes our society. In this video, I explain why tax is an economic steering wheel, and how we can use it to create fairness, tackle inequality, and protect our environment. youtu.be/hQd5qLEfwZw?...

How the new policy elite have caricatured the dismal science The latest from the Globe's business commentary, by Kevin Yin: www.theglobeandmail.com/business/com...

The Private Equity Stakeholder Project has an outsize impact for a small organization taking on a $22 trillion industry (larger than the GDP of China!). Learn about our incredible impact in PESP's first-ever Impact Report! pestakeholder.org/news/announc...

The first time Charlie Chaplin used his voice in a film, he wielded it to forcefully condemn the rising forces of fascism around the globe. Will we listen to his words today?

New piece in The Nation arguing that we need public media more now than ever. We must defend what we have with an eye toward expanding and restructuring public media in the future.

Rachel Wasserman @rwasserman.bsky.social walks James Li of Breaking Points through Trump's plan to open 401(k)s to private equity and: 💲how PE works 💲why to be wary about the buyout-PE model 💲who might get left holding the bag #PE #Retirement socialcapitalpartners.ca/trump-pumps-...

Supporting worker buyouts of businesses when their owners are ready to retire is a great way to stop the spread of private equity and other financialized ownership across the economy!

UK's biggest independent toy retailer just sold the business to its 1,900 employees, who will share in the company's profits. This will: 🧸 ensure the business remains independent 🧸 preserve the family's legacy and the company's culture 🧸 help save the high street! #OwnershipMatters #EOT

The 2025 Oxford Symposium on Employee Ownership was a reminder that this is a truly global community. And it’s growing fast. Together, we can make employee ownership the norm, not the exception. Read our full takeaways.

Tired of waitlists for EVERYTHING in Vancouver? The issue: Structural ageism. The solution: Organize, write, call, show up, be loud in between elections! And join us at! #vanpoli #bcpoli #cdnpoli #ageism www.vanmag.com/city/general...

The Trump administration is waging an economic war against Canada. We are more vulnerable to these attacks because, over the past twenty years, Canadian wealth and the ownership of our economy have become more concentrated in fewer hands. #AlwaysCanada #Never51 socialcapitalpartners.ca/never51/

Metrics and mirth. Policy and puns. Ideas and irony. You never know what you'll learn - or laugh at! Get it all in the biweekly SCP newsletter. Sign up today at: socialcapitalpartners.us18.list-manage.com/subscribe?u=...

Economist and SCP Fellow @gillianpetit.bsky.social dissects the metric that politicians love to wield. Learn more about her research on GDP per capita and why we should blame the denominator before we blame the economy.

Another gem from the trade war. #Never51 #Cdnpoli #CanadaSky

“We need the best education system in the world, and that means we need the best teachers. To get the best teachers, we need to pay them what they deserve." - Sen. Bernie Sanders at a Senate Committee town hall. #Absurd Image c/o @inequalitymedia.bsky.social

DoorDash is fighting for its right to charge you $25 to deliver a $12 burger. They want Canada’s Competition Tribunal to toss a lawsuit accusing the app of "drip pricing" - advertising one price, then piling on mandatory fees at checkout. #ConsumerFairness 🔗 readthepeak.com/stories/07-2...

A 2016 metastudy of 102 samples representing 56,984 firms finds that employee ownership is positively associated with productivity. These findings align with a growing body of research showing that businesses owned by their workers tend to be more productive than other companies.