Post AzTqZf0qJnyCL3MUAy by johnefrancis@cosocial.ca
(DIR) More posts by johnefrancis@cosocial.ca
(DIR) Post #AzTqZZLXNwxUlUzvbE by johnefrancis@cosocial.ca
2025-10-22T18:28:15Z
2 likes, 2 repeats
Excellent report by Canadians for Tax Fairness on the economics of the western oil industry, since 2021. 60% US owned, 26% Canadian. Over 3x more taken in profit than paid to AB labour. Minimal investment of $15B in recent years.Why should Canadians accept grand national scale projects to make this situation even worse? Why should only US and Chinese companies be getting the sweet deals?https://www.taxfairness.ca/en/resources/reports/exporting-profits#cdnpoli
(DIR) Post #AzTqZf0qJnyCL3MUAy by johnefrancis@cosocial.ca
2025-10-22T18:58:29Z
0 likes, 0 repeats
I really like that the CTF has presented some numbers showing the labour-capital share.Capital's share of value has been rising and rising for decades, and the unhealthy proportion is a major cause of western societies' problems. Any politician that doesn't talk about it, is missing the boat. #cdnpoli https://en.m.wikipedia.org/wiki/Labor_share