BC’s forests are in crisis. The sharp increase in wood pellet exports to Japan is fueling the loss of BC primary forests. The indicators of unsustainable demand are evident, and without proper reforms, we are looking at lasting and devastating consequences for BC forests and the collapse of the ecosystems they sustain.
Corporations and corporate power
We generally take for granted that everyone has the right to a say—and certainly a vote—in what our governments do. But in the workplaces that rule many of our waking hours, these democratic rights are largely absent.
In a time of extreme inequality, deteriorating social cohesion and reduced trust in our institutions, why shouldn’t workers have more control over the firms they work in? Enabling employees to take more ownership and control in their working lives is a promising antidote.
VANCOUVER — The federal government is considering ways for employees to have more ownership and control in their workplace by tabling legislation to create a new Employee Ownership Trust legal structure.
Tuesday's federal budget includes a capital gains tax exemption for sales of businesses to employee ownership trusts to allow for such control.
Read the full report online here.
OTTAWA—Canada’s 100 highest-paid CEOs again broke every compensation record on the books in 2022, according to a new report by the Canadian Centre for Policy Alternatives (CCPA).
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Before it was an entrenched globalized system, it was an idea.
Neoliberalism is a term that we use to describe the system dreamt up by right-wing economists like Friedrich Hayek and Milton Friedman. Those thinkers, operating in an era of class-compromise social democracy and competition with communism, were proponents of an economy structured entirely around profit—one where the invisible hand of market incentives guided every social interaction.
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TC Energy’s $15 billion (USD) Canada-U.S.-Mexico Agreement (CUSMA) lawsuit against the United States—for the Biden administration’s revocation of the Keystone XL pipeline permit—has attracted international condemnation while fuelling a backlash to investor-state dispute settlement (ISDS). Should the Canadian company prevail, it could add to the chilling effect of ISDS on global efforts to address the climate emergency.
The Convoy that took over Ottawa for a month last year just met outside Winnipeg this past weekend. While the right to protest is an essential part of our democracy, it is important to look critically at this movement that has harboured white supremacist, libertarian and in some cases even fascist beliefs. These ideas have originated most recently in the USA, but have a long and odious history elsewhere in the world.
Read an online version of the report here.
By 9:43 on the morning of January 3, the average member of the 100 highest-paid CEOs in Canada will have made as much money as the average Canadian worker makes in a year—that's $58,800, by breakfast time on the year's first workday.
OTTAWA—Canada’s 100 highest-paid CEOs broke every compensation record on the books in 2021, according to a new report by the Canadian Centre for Policy Alternatives (CCPA).
Corporate profits capturing more of economic recovery compared to any recession in last half century
OTTAWA—Inflation is holding back a worker-led pandemic economic recovery, but corporate profits have captured more in this recovery than after any previous recession, according to new analysis by Canadian Centre for Policy Alternatives (CCPA) Senior Economist David Macdonald.
Macdonald examined how corporations and workers fared following the six recessions over the past 50 years and discovered corporate profits went up by an unprecedented 2.8 points of GDP amid the COVID-19 pandemic.