Extreme inequality: how we can reverse it and protect Canadian society
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Jared Walker, Canadians For Tax Fairness Executive Director, joins Nikki and Tom to talk about C4TF's recent report detailing growing extreme inequality in Canada, province by province. Jared believes a wealth tax on fortunes of $100 million and more and a new income tax bracket on annual income over $1 million will reverse growing extreme inequality while providing revenue to end cuts to key programs, like healthcare and schools
Jared also outlines how we can put some money back in Canadians' pockets with a levy on the windfall profits oil companies are making off high pump prices during this US-Iran War. And according to C4TF research, unless repatriated by a windfall tax, most of that profit windfall from Canadian oil resources will flowing to investors in the United States.
Nikki digs into some polling data suggesting wildfires across the world are pushing global warming up the priority list of Canadians and asks if the Mark Carney government or Avi Lewis' NDP will address that re-emerging concern.
Tom speaks with Toronto NDP MPP Chris Glover, who was in the trenches battling the plan by US bank JP Morgan to expand Toronto's waterfront airport. JP Morgan had Doug Ford's PCs and Mark Carney's Liberals onside. But Toronto City Council, community groups and the Ontario NDP fought the deal -- and for have won, for now.
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