TORONTO—On the first working day of the New Year, Canada’s highest paid 100 CEOs are seriously power lunching: by 12:18 pm today, their average pay is already $48,636 — what it takes the average full-time, full-year worker all of 2016 to earn.
In the Canadian Centre for Policy Alternatives’ (CCPA) annual examination of CEO pay in Canada, the country’s top 100 CEOs pocketed, on average, $8.96 million in 2014 — 184 times more than the average wage in Canada.
Corporations and corporate power
After a generation of comparatively high corporate income-tax (CIT) rates, Brian Mulroney’s Progressive Conservatives initiated a series of reforms in the late 1980s that were deepened by Jean Chrétien’s Liberals, Stephen Harper’s Conservatives and numerous provincial governments. The cumulative result has been a drastic reduction in the statutory CIT rate (the combined federal and average provincial), falling from 50 per cent in 1986 to 26 per cent by 2012.
This study examines the relationship between the Canadian corporate income tax (CIT) regime and various dimensions of economic growth. The author finds that CIT cuts have not only failed to lead to faster growth, but there is evidence to suggest that—far from spawning higher levels of business investment and GDP growth—corporate income tax reform has indirectly fostered slower growth.
OTTAWA—Corporate income tax (CIT) cuts have not only failed to lead to faster growth, there is evidence to suggest that CIT rate reductions contributed to slower growth, says a study released today by the Canadian Centre for Policy Alternatives (CCPA).
The study, by Unifor economist and CCPA research associate Jordan Brennan, examines the relationship between the Canadian CIT regime and various dimensions of growth and finds there is no empirical or statistically significant relationship between corporate tax cuts and growth.
(Vancouver) Who is behind the wheel of fossil fuel extraction in Western Canada and what influence do they wield? These are the central questions driving a six-year research and public engagement initiative, Mapping the Power of the Carbon-Extractive Corporate Resource Sector, funded by a $2.5 million partnership grant awarded by the Social Sciences and Humanities Research Council of Canada. The initiative brings together researchers, civil society organizations, and Indigenous participants to study the oil, gas and coal industries in British Columbia, Alberta and Saskatchewan.
Canadian investors have exploited a controversial mechanism in international investment treaties to challenge public interest regulations in 24 different countries, according to a study released today by the Canadian Centre for Policy Alternatives (CCPA).
This report documents the 55 known cases of Canadian investors using the investor-state dispute settlement (ISDS) system to sue foreign governments in international trade tribunals. It finds that the ISDS process has overwhelmingly been used by Canadian resource companies to dispute resource management and environmental protection measures in developing countries.
Simmering conflicts in higher education have reached the boiling point across Canada and around the globe. Teach-ins, occupations, strikes, and mass protests are being mobilized against exorbitant tuition fees, declining educational quality, mismanagement, the commodification of research, and the suppression of free speech and critical inquiry. A Penny For Your Thoughts shows how Canadian higher education has come to this point.
Selon cette étude, les enquêtes sur la catastrophe de Lac-Mégantic – la plus complète étant le rapport du mois d'août 2014 du Bureau de la sécurité des transports – laissent encore trop de questions sans réponse.
According to this study, investigations to date into the Lac-Mégantic disaster—the most comprehensive of which is the August 2014 Transportation Safety Board (TSB) report—leave too many unanswered questions. The study points to the discrepancy between the withering remarks on regulatory breakdown by the outgoing TSB chair, and the report's more muted conclusions as to cause and contributing factors of the TSB report itself.