Reports
Billionaire Blindspot: How official data understates the severity of Canadian wealth inequality
Canada’s official wealth survey from Statistics Canada significantly underestimates wealth inequality. Canada’s wealth concentration is not as extreme as in the United States, but Canada resembles the U.S. far more than our official data suggests. There are straightforward ways for Statistics Canada to fix the methodological problems in its survey. The misleading portrait of wealth inequality in Canada undermines Canadians’ ability to have an evidence-informed conversation about how to address growing wealth concentration and the threats it represents for economic resilience and democratic stability.
Consultation on the future of competition policy in Canada
Canada’s existing competition regime is unfair for small business. We surveyed over 1,000 small business owners to understand how competition policy has affected them.
A positive vision for the future of Canadian competition policy
The concentration of corporate power in Canada can be traced back to the antiquated objectives of our nation’s competition policy. Our submission to the government’s review of the Competition Act provides sharp critiques and a recommendations on a path forward.
Building an employee ownership economy
New research continues to demonstrate that employee ownership fosters economic resilience. As in previous economic crises, employee-owned companies were better at retaining employees and at maintaining hours and salaries throughout the pandemic. In a post-pandemic economic environment, the demonstrated benefits of increased employee retention and alignment by employee-owned companies will be even more important to support economic growth.
Inclusive search funds
Search funds allow entrepreneurs without capital to buy small businesses. However, only an exclusive club can access the financing to do so and are often forced to re-sell the business. We’ve put a twist on the search fund model to make it more inclusive and long-term.