Canada has a choice to make. We can continue to let the wealthiest among us hoard resources while ordinary Canadians struggle with rising costs, or we can take bold action to build a fairer, more just society. It’s time for Canada to ditch the excuses and implement a wealth tax and other progressive tax measures. The future of our economy, and our democracy, depends on it.

Budget 2024 took a significant step towards tax fairness by increasing the capital gains inclusion rate on Canada’s richest individuals and corporations. Tellingly, a measure designed to tax the rich to fund crucial public investments has caused a wave of outrage amongst a very vocal minority. Muneeb Javaid of Canadians for Tax Fairness explains.