New Westminster-Burnaby MP Peter Julian is pushing forward with his motion that Canada institute a wealth tax.
Julian has submitted M-43, a private member’s bill that the federal government “should immediately implement a 1% wealth tax on fortunes over $20 million.”
[Here, from the Business Council of BC, is another part of what we're up against in determining "whose new normal." Looks pretty much like the old normal with the possible addition of minimal support for childcare resources, a fond wish to co-opt Indigenous groups, an increase in government spending to boost business profits, and a decrease in regulations that protect the rest of us.
July 31, 2020 - French colossal fossil Total sent a shockwave through the Alberta oilpatch Wednesday with the announcement that it is writing off C$9.3 billion in assets in the tar sands/oil sands, including $7.3 billion in the Fort Hills mine, which opened just 2½ years ago, and the Surmont thermal oilsands project.
