Committee On Monetary and Economic Reform

Record-breaking pay for CEOs won't come as a surprise to anyone paying attention. When prices go through the roof and so do corporate profits and CEO paycheques, you know it's not inflation eating our money, it's the rich.

https://www.policyalternatives.ca/news-research/living-the-high-life-a-record-breaking-year-for-ceo-pay-in-canada/

Unfortunately the Canadian Centre for Policy Alternatives' "solutions" completely miss the point and are rooted in the same neoliberal ideology and capitalist system that led to exorbitant CEO pay. Taxation is not a policy alternative, it's just tinkering with the mechanisms of the existing system.

Increasing taxes on the super rich is pointless if the mechanisms by which they can exploit people to extract wealth are still in place. The rich still receive the money, then have a chance to hide it and avoid as much taxation as possible. Then whatever does get taxed, we must rely on the government, run by the political elite who serve the rich, to equitably redistribute the wealth. The same political elite who set up the system to allow the super rich to increasingly exploit to maintain and expand their wealth on the backs of everyone else.

More importantly, whether the US or Canada, we are monetarily sovereign, the feds can spend whatever they want to help the public without needing a dime in taxes or borrowing, so we need to give up the fiction that we require the tax dollars of billionaires to afford better things. We can already afford anything the feds choose to spend money on.

We're not saying we shouldn't tax the rich more, but don't be fooled into thinking it changes anything. Taxing the rich more doesn't lower prices, it doesn't raise wages, it doesn't put money back in people's pockets nor does it reduce the monopoly power of the rich. The solution is NOT taxation, it's transitioning into a system where it's not possible to exploit people to become super rich in the first place.

Living the high life: A record-breaking year for CEO pay in Canada | CCPA By 9:23 a.m. on January 2, 2025 Canada’s 100 highest-paid CEOs had made what the average worker will make all year

The neoliberal turn in Indigenous relations under Carney is no surprise. Rather than recognizing the lack of economy on Inuit lands is a direct result of policies of oppression and genocide, Carney is requiring a business case for further investment to ensure there is a likelihood of economic benefits beyond that of, you know, improving the living conditions of Indigenous peoples.

https://sizone.org/R/parse2.php?r=https://toronto.citynews.ca/2026/02/08/inuit-not-sure-where-they-fit-into-carneys-economic-defence-agenda-itk-president/

Growth wouldn't matter if we stop chaining ourselves to an economic system that requires infinite exponential growth or it collapses, instead of a system that ebbs and flows as nature does.

https://sizone.org/R/parse2.php?r=https://www.thestar.com/business/canadian-economy-sees-slowest-growth-since-2020-as-trump-tariffs-curb-exports/article_1f27bee6-665c-40c8-9ca2-5faeab7f23e0.html

Wouldn't it be the height of irony if AI analysis of tech stocks caused the downfall of investment in AI. Seems AI knows its own lack of value, especially considering the immense cost of AI centres.

https://sizone.org/R/parse2.php?r=https://www.theglobeandmail.com/investing/article-us-software-stocks-tumble-sparks-concerns-that-ai-trade-is-reshaping/

We do not endorse this document nor the recommendations therein, but are posting it as a prime example of neoliberal corporate greenwashing propaganda that completely overlooks the negative impacts of resource extraction, in particular LNG.

It inadvertently reveals one of the true reasons for the Site C Dam, it wasn't for supplying electricity to cities and towns, it's all about supplying it for more destructive LNG extraction. It never once mentions fracking nor the consequences. You will also note that the entire document is theoretical, constantly using words like "it may", "it could", "it might", etc.

The ONLY impacts this is supposed to have are on carbon emissions, and those are not as worrisome as the myriad other negative effects on the environment.

https://ppforum.ca/publications/refuel-lng-oil-exports/