Report exposes vast wealth gap, but fails to challenge the concentrated power of capital
The latest World Inequality Report 2026 reveals the stark cleavage between rich and poor in the world – a division that is getting wider to the extreme. Based on data compiled by 200 researchers organised by the World Inequality Lab, the report finds that fewer than 60,000 people – 0.001% of the world’s population – control three times as much wealth as the entire bottom half of humanity.
Workers in Canada’s oil and gas industry won’t be able to escape the sector’s coming collapse regardless of the fossil fuel boosterism from politicians in Ottawa and Alberta.
That’s according to new research from the Centre for Future Work, which found that concerns about fossil fuel employment “have been weaponized by industry” to prevent or delay policies to reduce oil and gas production and use.
The world’s axis of rotation has shifted. America is no longer able to provide leadership in global discourse and guidance. US President Donald Trump has effectively sidelined America. China’s hard-earned, multi-decade focus on economic success and global acquisition of resources and critical minerals has accelerated its geopolitical ascendance.
The global climate emergency is no longer a distant warning – it is an unfolding catastrophe. Longer heatwaves, recurring cyclones, changing rainfall patterns, and rising sea levels are already reshaping lives across South Asia. A UN report notes that over the past 50 years, 130,000 lives in India have been lost due to extreme weather events. Between 2001 and 2019 alone, it is estimated that more than 20,000 people died from heatwaves – though the real figure is likely much higher.
It marks one of the largest public mobilizations against the CAQ government since the premier took office in 2018.
Major arteries of downtown Montreal on Saturday afternoon were shut down as tens of thousands of people, part of a broad coalition of Quebec labour groups and community organizations, marched against what they called Premier François Legault’s accelerating turn to the political right.
Raw log exports, capital flight and shuttered mills signal the fall of BC’s forestry sector.
The provincial Conservatives wasted no time calling for Forests Minister Ravi Parmar’s head this week after Domtar announced it would soon shutter its Crofton pulp mill.
