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Canada’s fossil-fuel sector controlled by a few major players—including the five big banks, new study shows

Release Date: 
Thursday, October 18, 2018

VANCOUVER - The major investors in Canada’s fossil-fuel sector have high stakes in maintaining business as usual rather than addressing the industry’s serious climate issues, a new Corporate Mapping Project study reveals.

Who Owns Canada’s Fossil-Fuel Sector?

Sub Title: 
Mapping the network of ownership and control
Release Date: 
Thursday, October 18, 2018
Additional Documents: 
Attached Document Title: 
Who Owns Canada’s Fossil-Fuel Sector?
Who Owns Canada’s Fossil-Fuel Sector? — SUMMARY
Number of pages in documents: 
48 pages
8 pages
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1.43 MB48 pages

This study shows that substantial ownership and strategic control over Canada’s fossil-fuel sector are in the hands of a few major players, including all the Canadian big banks and several US investment funds, governments and some wealthy families—many of which are located outside Canada.

And, these investors have high stakes in maintaining business as usual rather than addressing the industry’s serious climate issues. They have both an interest in the continued growth of the sector and the economic power to shape its future.

Pharmacare consensus principles released today

A diverse coalition representing health care providers, non-profit organizations, workers, seniors, patients and academics has come together to issue a statement of consensus principles for the establishment of National Pharmacare in Canada.

Our coalition believes that National Pharmacare should be a seamless extension of the existing universal health care system in Canada, which covers medically necessary physician and hospital services, and therefore operate in harmony with the principles of the Canada Health Act.

Offices: 

Le Budget fédéral alternatif 2019

Sub Title: 
Pas de temps à perdre
Author(s): 
Release Date: 
Wednesday, September 19, 2018
Number of pages in documents: 
101 pages
Download
1.31 MB101 pages

Alors que le pays fait face à des difficultés importantes et imprévisibles à l’approche d’une nouvelle année d’élection fédérale, le Budget fédéral alternatif (BFA) de 2019 montre que le Canada peut favoriser la compétitivité et encourager l’innovation en investissant dans les personnes, plutôt qu’en accordant d’autres réductions d’impôts aux sociétés.

No Time to Lose: Alternative Federal Budget outlines progressive plan to boost competitiveness ahead of the fall economic update

Experts urge policymakers to ignore calls for corporate tax cuts and instead take bold action on inequality, sustainability and economic justice
Release Date: 
Wednesday, September 19, 2018

 

OTTAWA—With the country facing significant and unpredictable headwinds going into another federal election year, the 2019 Alternative Federal Budget (AFB)—released today by the Canadian Centre for Policy Alternatives (CCPA)—shows Canada can boost competitiveness and encourage innovation by investing in people, not by giving corporations more tax cuts.

Offices: 

The Monitor, September/October 2018

Sub Title: 
Fragile Recovery
Release Date: 
Saturday, September 1, 2018
Download
9.57 MB

A decade after the worst financial crash since the Great Depression, a fragile recovery is obscuring threats—some new, some as old as capitalism—to Canadian workers and the broader economy. In this first part of a two-part feature on the fallout of that crisis, the Monitor looks at the financial flows, government revenue shortfalls and austerity plans that undermine our ability to handle another sudden shock.

Here's a sample of what you'll find inside this issue:

Offices: