Income and wealth are now more concentrated at the top than at any time over the last 80 years, and our unjust tax system is a big reason why. The tax code is rigged for the rich, enabling a handful of wealthy individuals to exert undue influence over our economy and democracy.
The Toronto Transit Commission (TTC) is developing a 5-year fare policy review and plan, along with a 10-year “collection” outlook, both to be included in a policy framework by the end of 2021. A relevant TTC document claims that:
Jacinda Ardern says the changes to wages and benefits will help support the most vulnerable
New Zealand is raising its minimum wage to $20 an hour and increasing the top tax rate for the country’s highest earners to 39%.
The changes will be rolled out on Thursday, alongside small increases to unemployment and sickness benefits. The government estimates the minimum wage increase – a rise of $1.14 per hour – will affect up to 175,500 workers, and increase wages across the economy by $216m.
The cancellation of the Keystone XL pipeline project by a new, climate-focused U.S. president is the latest major blow to Canada’s fossil fuel industry. But it’s no secret that even before the COVID-19 pandemic decimated the economy, the sector was already reeling from falling demand and low global oil prices.
SFU team says rising construction costs, new climate change measures mean project should be shelved
The estimated construction cost for the Trans Mountain pipeline expansion has ballooned from $5.4 billion to $12.6 billion. (Jason Franson/Canadian Press)
A group of over 200 scholars has released a definition of antisemitism that explicitly excludes efforts to boycott Israel — the latest pushback against a campaign by a number of establishment Jewish groups to label as antisemitic double standards applied to Israel.