Capitalism

Canada's top CEOs make 210 times more than the average worker

02/01/25

Author:

Natasha Bulowski

Link:

Suncor president and CEO Rich Kruger before testifying at the Standing Committee on Natural Resources in October 2023. Photo by Natasha Bulowski/Canada's National Observer

Jan. 2, 2025

Canada’s 100 richest CEOs made 210 times more than the average worker in 2023, a new report by the Canadian Centre for Policy Alternatives (CCPA) reveals.

By 10:54 a.m. Thursday, the first official work day of the New Year, these CEOs will have already made, on average, $62,661 — as much as the average worker makes in a whole year.

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Recycling won’t solve our planet-killing plastic-pollution problem

30/12/24

Author:

Khan, Adnan R.

Link:

The Globe and Mail

Bales of crushed, polyethylene terephthalate (PET) plastic bottles in California (Wikimedia Commons)

Dec. 20, 2024

Efforts to target the plastic problem with better recycling, rather than a production cap, ignore how such programs turn potentially hazardous plastic waste into a commodity, fuelling a massive illicit trade

If you’re at all concerned about the alarming growth of plastic waste clogging our oceans and leaching toxins into our earth, this has not been a good year.

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Your gadgets are actually carbon sinks — for now

23/12/24

Author:

Sachi Kitajima Mulkey

Link:

Grist

Dec. 20, 2024

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Behind the strike is a giant existential crisis for Canada Post

18/12/24

Author:

Steven Tufts

Dec. 18, 2024 [The Globe and Mail (Ottawa/Quebec Edition)]

[The author mentions CUPW’s proposed vision for Canada Post, without naming it. Here it is: https://www.deliveringcommunitypower.ca/]

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Chaos of the fiscal update leaves us unprepared for the chaos of 2025

17/12/24

Author:

David Macdonald

Link:

National Observer

Dec. 16, 2024

I have no idea what this fiscal update even means given the chaos that preceded it.

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How taxing the rich can help fix the housing crisis

08/12/24

Author:

Erica Shiner

Link:

Ricochet Media

A projection message from a group of "patriotic millionaires" ahead of the most recent G20 conference in Brazil. Taxing the rich was a theme at this year's G20. In Rio, activists projected more messages on buildings, demanding that international delegates "tax the super rich for people and planet."

Nov. 30, 2024

Canada’s real estate sector is collecting billions in profit while incentivizing landlords to evict tenants and keep driving up rents

Ahead of next year’s federal election, there’s still time for Canadians to avoid the trajectory of our southern neighbour. We can cast a vote to tax the rich instead.

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Canada

Capitalism

Social

Profiteers to Benefit a Lot from Trump's War on Immigrants

06/12/24

Author:

Matthew Sledge

Link:

The Intercept

Dec. 4, 2024

Private equity firms play a key role in America’s prison system. If Trump carries out his plans for mass deportations, they stand to benefit.

In the days after Donald Trump’s election, business leaders across a swath of industries celebrated the victory of a man they thought would bring them a financial bonanza. Crypto bros, oil and gas honchos, and tycoons looking to orchestrate mergers all did a victory dance.

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