The removal of estate tax, which remains an obscure event in Canadian history, had momentous implications, depriving Ottawa of revenue and putting Canada on a path toward greater inequality.
Sep 28, 2010
Ryerson Student Centre
55 Gould Street Room SCC115Toronto , ON
Canada43° 39' 28.6092" N, 79° 22' 44.148" W
The Trouble with Billionaires, With Linda McQuaig and Neil Brooks
The plutocrats who run the U.S. economy are fighting like crazy to maintain all of their privileges, but the wealth numbers don't lie.
Here is a (non-exhaustive) guide to five of Prime Minister Stephen Harper's plans at the G20 and G8 meetings.
I was asked to explain why I believe that one of the basic causes of the economic crash of 2008 was the widening income and wealth gap between the rich and the rest of the population.
This time last year, financial elites everywhere seemed under siege. A year later, they are safely back in the saddle, enjoying a virtual stranglehold over key public policies.
Banks and securities firms are on track this year to pay their employees a record $140 billion -- an amount that exceeds the peak year of 2007, just before they put the global economy into meltdown.
No one questions the zeal of Canadian authorities in ensuring that ordinary folks pay every cent of their taxes. Yet the government doesn't appear to be equally zealous when it comes to the rich.
It looked like it was business as usual for President Obama on the first day of his Martha's Vineyard vacation, as he spent five hours golfing with Robert Wolf, president of UBS Investment Bank.
We need more than financial stability. We need an ethical financial sector whose commitment to shared prosperity equals its desire for stability.