Military responds to mining protest in Peru. (Photo by Thomas Quirynen and Marijke Deleu, CATAPA)
Corporations and corporate power
Photo credit: Communications Workers of America
La présente étude se concentre sur l’ascension des nouveaux médias, en contexte de déréglementation et de sous-taxation, entre le milieu et la fin des années 2000. Les services médiatiques sur Internet, et en particulier des services de télévision par contournement (TPC) tels que Netflix et YouTube, qui n’ont pas de présence physique au Canada, profitent d'un avantage inéquitable sur les nouveaux services en ligne canadiens, puisqu’ils n’ont pas l’obligation de percevoir les taxes sur la valeur ajoutée et ne paient pas d’impôt sur le revenu au Canada. Le Canada perd des centaines de million
A Nuit Debout in Place de la République, Paris. Photo by Olivier Ortelpa
This study focuses on the rise of the new media, in a mainly unregulated and undertaxed fashion, since about the mid- to late-2000s. Over-the-top service companies, such as Netflix and YouTube, with no physical presence in Canada enjoy an artificial advantage over their Canadian competitors in that they are not required to collect and remit value-added taxes (sales taxes), and frequently don’t pay income tax.
This study examines the special privileges, enforced through investor-state dispute settlement (ISDS), which would be given to foreign investors under the TPP. These include the right to compensation where government laws, regulations, or other decisions are found to interfere with an investor’s interests. It shows that those financially benefitting from such rights in past agreements have mostly been very large companies or wealthy individuals.
OTTAWA—The expanded rights granted to foreign investors in the Trans-Pacific Partnership (TPP) carry major risks for voters and taxpayers in TPP countries, says a study released today by the Canadian Centre for Policy Alternatives.
The study, by international investment treaty expert Gus Van Harten, examines the special privileges given to foreign investors by the TPP, including the right to compensation where government policy is found to interfere with an investor’s private interests.
It has taken more than a century, but Bell Canada has returned to Manitoba. In 1908, the government of Manitoba purchased Bell Canada's local operations and turned them into the Crown Corporation we knew as Manitoba Telephone System (MTS). Last week's news that Bell Canada Enterprises (BCE) would buy Manitoba Telecom Services brings this local success story to an end. It is an ending with a beginning in the privatization of MTS 20 years ago this spring.
By 12:18pm today, just as most Canadians are starting their lunch break on the first official work day of the year, Canada’s highest paid CEOs will have already pocketed $48,636. It takes the average worker an entire year, working full-time to make that. How's that for a power lunch?
Read more in our report, Staying Power: CEO Pay in Canada.
This report looks at the 2008-2014 compensation levels for Canada’s highest paid 100 CEOs and finds that the average pay of Canada’s top executives has been extraordinarily resilient, in good times and in bad.
The review finds that the country’s top 100 CEOs pocketed, on average, $8.96 million in 2014—that's 184 times more than the average wage in Canada.