Wealth Tax On The Richest Billionaires And Corporations

Wealth Tax On The Richest Billionaires And Corporations

Wealth Tax On The Richest Billionaires And Corporations

Call on Prime Minister Trudeau to create a billionaire wealth tax and a windfall profits tax for major corporations in the 2024 federal budget for urgently-needed measures like climate action, universal child care, mental health and income supports, and affordable housing.

Call on Prime Minister Trudeau, to create a billionaire wealth tax and a windfall profits tax in the 2024 federal budget.

Extreme wealth continues to skyrocket in Canada and the rest of the world. In Canada, the richest 0.02% have more wealth than the bottom 80% of Canadians.

Billionaires are generating a million times more emissions than the average person, while fossil fuel companies, responsible for 70% of global emissions, have been lying to us for decades. It is only fair to hold the super-rich accountable for the economic hardships they are causing.

There is a solution — in one small step. By creating a national annual wealth tax on the richest 1% of Canadians and a windfall tax for major corporations, the Canadian government could raise more than $20 billion a year. This revenue can be invested in urgently-needed public measures, like climate action, universal child care, mental health and income supports, and affordable housing.

With this investment, we could build a more equal economy that benefits the communities most impacted by the climate emergency and rising inequality – women, and Indigenous, Black and racialized communities.

Tell Minister Freeland: tax the richest 1% now!

Share this page:

gender-just-economies