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.
Economy and economic indicators
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.
Economic development from the bottom-up
Farewell from Shannon Daub
How to meet Canada’s 2030 climate targets
Fires & migrant farmworkers
COVID-19’s growing toll on hospitals and public health
Assessing the new protections for platform workers
BC can afford more investments in social and environmental priorities
Donor spotlight: Kirsten Krismer
The CCPA-BC’s 2023 gala
Read the full report online here.
The average CEO collects $7,162 an hour. It takes just over eight hours in the new year for the top 100 CEOs to clock in an average of $60,600—what the average worker in Canada makes in an entire year. By 9:27 a.m. on January 2, 2023, Canada’s top CEOs would have already made $60,600 while the average Canadian worker will toil all year long to earn that amount of pay.
BC’s carbon crossroads: The Energy Action Framework takes the wrong path
Taxing land wealth for the public good: Provincial policy options
Here’s how BC should protect app-based workers
British Columbia’s regulation of dikes full of leaks and in need of overhaul
Landmark health care case spotlights problems of a profit-centred system
Some important updates from our team at CCPA-BC
2023 Gideon Rosenbluth Memorial Lecture with Ha-Joon Chang
Save the date for our annual in-person gala: Nov. 23, 2023
Previously published in the
Income inequality is getting worse in Manitoba: the market income of the bottom 20 percent of Manitoba families declined while the top 20 percent of Manitoba families received greater income increases than the national average.
Claim: “Budget 2023 removes 47,400 low-income Manitobans from the tax rolls and saves the average family $1,000”
Impact: More of the Basic Personal Amount tax change money will go to Manitoba’s richest 10% than the bottom 50% combined.
The poorest 10% (100,100 Manitobans) get no benefit from this change as they don’t make enough to be on the tax rolls currently.
The second-poorest 10% (990,900 Manitobans) saves only $74 by the increase in the Basic Personal Amount.
The 2023 Manitoba budget proposes over half a billion dollars in tax cuts, but many Manitobans won’t see a dime, while the richest Manitobans will get the lion’s share of this money. The Canadian Centre for Policy Alternatives has shown that over 100,000 Manitobans – those with the lowest income and most in need – will get nothing from these tax cuts. In fact, the bottom 500,000+ Manitobans will get less than the 100,000+ highest-income Manitobans.