David Moscrop It seems for me like just yesterday we were praising Mulroney as a visionary, great leader for Canada and then today we’re crapping all over a capital gains tax increase that doesn’t remotely approach the 75% inclusion rate Mulroney had! Oh, I yearn for those salad days. #cdnpoli

The proposed Future Made in Australia Act is a significant step towards a modern, integrated industrial policy, but success will depend on how deeply the Albanese government can institutionalise this new approach CPD thefifthestate.com.au/columns/spinif… The Fifth Estate Anthony Albanese

Fantastic news in Coventry.
CAC has given a green light for a ballot for recognition.
Give a ✊ in solidarity.
And a retweet for the hell of it

Long Term Bong Rate. This is very promising!!! 😜

Ahead of their national members' forum this weekend, I caught up with SEARCH Foundation's Executive Officer Luke Whitington to talk about the progress Australian workers have made on many issues in the last year--and the work left to do. Video interview here: youtube.com/watch?v=SIWJRZ….

A year after its rescue, while most Canadian newsrooms were making layoffs, CHEK had grown from fewer than 30 staff members to more than 40 and its “gutsy employees” were named winners of the first J-Source Journalism Integrity Award. #cdnmedia

canadiandimension.com/articles/view/…

While the government will be spending more to help Canadians, the government is still on track to shrink the deficit.

#federalbudget #Budget2024 #canpoli

By @Jimbostanford
buff.ly/3JpaDsj

People who mostly make money trading assets collect 78% of capital gains.

In 2021, their average capital gains were higher than the average income of any other group, except self-employed professionals.

“I think (federal govt $ for housing) will yield big results in terms of new rental construction in a couple of years’ time,” said @policyalternatives's David Macdonald. “The fruits of the labour of this budget will be reaped by the next government, whoever it will be.” globalnews.ca/news/10429874/…

We’re kicking off the day with big news: CFLPA is officially an affiliate of the CLC.🤝

CFL players join over 3 million workers across Canada fighting for fairness & respect. Welcome to the team!

As the Canadian Air Navigation Specialists Association (CANSA) at Unifor Local 1016 continued to negotiate with NAV CANADA on the Maintenance of Activities in the event of a legal strike and/or lock-out to protect the Canadian travelling public, the company has advised the local…

Yikes! A lot of misunderstanding circling about the capital gains inclusion rate being raised. Time to clear some things up! Firstly, it’s not a *tax* of 50% or 66% - that is the percentage of the amount of gains that is *allowed* to be taxed 🧵 #Budget2024 #CdnPoli

🏆🌍 The Just Transition Centre has won the prestigious 2024 WIN WIN Gothenburg Sustainability Award!

A recognition of its support for the rights of workers in the global shift towards an environmentally and socially sustainable future . 🌱🤝

ituc-csi.org/ITUC-Just-Tran…

This capital gains change piece by Trevor Tombe is really good. I’m slightly less bullish on the change (I do worry a bit what it’s going to mean for housing construction finance), but this is a really good primer to the economics of it.

thehub.ca/2024-04-17/tre…

Unifor members at GreenShield look forward to returning to work after ratifying a new three-year contract by 92% in Windsor and 91% in Toronto with the company, ending a strike that began on March 1.
unifor.org/news/all-news/…
#canlab

The richest 1.5% of taxfilers collect 61% of capital gains.

The Top 1.5%'s average capital gains are 101 times larger than for the bottom 98.5%.

Still trending here in Canada is the federal budget after it was tabled by the Liberals in the House of Commons on Thursday. Manesa Jagmeet Singh Jim Stanford David Macdonald

Click on the photo below to watch more.
chch.com/ndp-leader-rea…

Rich people in Canada losing their minds over paying a little more.

While regular folks are getting fleeced at the grocery store.

Read the damn room.

#cdnpoli

Economist Jim Stanford takes note that while this year's budget sees an increase in spending, it also is on track to lower the deficit. #Budget2024 #canpoli
buff.ly/442xqDK

New research published in Nature today finds that we are on track for climate damages worth $38 trillion per year by 2050. This is a staggering figure. The damages are projected to be worth 6x more than the mitigation costs of limiting global warming to 2C.…