Leading Canada's social democrats, advancing justice & equality.
Diriger les sociaux-démocrates du Canada, faire progresser la justice et l’égalité.
Mar 1, 2023 • 7 tweets • 4 min read
To relieve the current housing crisis in Ontario, the provincial government needs to take immediate action to curb real estate investment and limit the negative impacts of existing investors and decommodify housing to make it a human right.
New Report: broadbentinstitute.ca/beyond-simply-…
While there are number of factors, many Canadian experts are warning that the growing presence of investors in housing markets is distorting costs and increasing housing unaffordability, leaving homes in the hands of the few, rather than the hands of the people who live in them.
Oct 12, 2021 • 6 tweets • 2 min read
The initial results of our post-election survey are in 👇🧵 Thank you to the 4,700 of you who participated. There's clearly a lot to unpack, so we're hosting an election debrief event on Oct 26 to map out where the progressive movement should go next: broadbentinstitute.ca/election_debri…
Survey results:
Oct 7, 2021 • 7 tweets • 3 min read
The #PandoraPapers make it clear that tax evasion is a systemic issue, which means govts need to act. Here are 5 things we should demand from the Canadian govt. THREAD 🧵
👉 Increase funding for the CRA to investigate international tax schemes.
Since the #PanamaPapers were revealed 5 yrs ago, the CRA hasn't charged a single person. It needs more resources & we need to ensure that @JustinTrudeau increases funding by $2.5bn over 4 yrs as promised.
Aug 24, 2021 • 11 tweets • 5 min read
It took a global pandemic to expose the crisis in Canada’s #LTC homes. Here’s why it’s essential to remove profit from care. THREAD: #CDNpoli#LTCs1. At 69%, Canada has had the highest number of #COVID deaths in long-term care among G7 countries.
Apr 13, 2021 • 9 tweets • 3 min read
.@LindaMcQuaig's piece for @TorontoStar debunks some of the most facile arguments against a #wealthtax. THREAD:
1. A wealth tax is foreign to Canada
Canada already has this: The property tax, imposed on almost all wealth held by low/middle income Canadians-their homes. A wealth tax extends this tax to include other forms of property above $20M, like stocks/bonds-mostly held by the wealthy
Feb 17, 2021 • 8 tweets • 3 min read
Winners and losers of the pandemic. THREAD:
The winners: 1. Canada’s top grocery stores earned $721 million in profits in only 3 months of the pandemic.
- Loblaws: $342 million
- Metro: $187 million
- Empire Company Ltd. (owns Sobeys): $ 192 million
Feb 16, 2021 • 7 tweets • 3 min read
A list of countries that have a #WealthTax and how they work. THREAD:
#Norway has a wealth tax of 0.85% on individual stocks worth more than $170,000. Of this, 0.7% goes to municipalities, and 0.15% goes to the central govt. In 2017, the wealth tax made up 1.1% of all Norwegian tax revenue.
Mar 21, 2020 • 5 tweets • 3 min read
The lived experience of the Chinese community globally and here in Canada has been harmed tremendously by #COVID19. #IDERD
From a mother berated by hate after venturing to the grocery store for some fruit, to the doctor rapidly losing patients, the Chinese community has weathered a startling amount of hate and xenophobia amid #COVID19: globalnews.ca/news/6602754/c…