Canada’s New Tax Against the Controversial Practice of Stock Buybacks

By James Yeretsian Edited by Tashyana Davidson and Ifrah Ikram In the 2022 Fall Economic Statement, the Liberal government announced a 2% tax on stock buybacks (or share repurchases) over $1 million conducted by publicly traded Canadian-resident corporations. The tax came into effect on January 1st, 2024, and follows the U.S. tax of 1% on…

UN High Seas Treaty: A Turning Point for Global Ocean Protection

By Sydney Grad Edited by Anuva Sharma & Madeleine Whitestone The UN High Seas Treaty marks a critical juncture in global ocean conservation. Oceans, encompassing nearly three-quarters of the Earth’s surface, play a vital role in sustaining and regulating life on our planet. Annually, oceans produce around half the oxygen we need, absorb approximately a…

Your Pension, Your Choice

By Nicole Chung Edited by Cassidy MacNeil and James Yeretsian In a recent press conference, Alberta Premier Danielle Smith touted the possibility of establishing an Alberta-only pension plan upon the withdrawal from the Canadian Pension Plan (CPP). She spearheaded the proposed Alberta Pension Program (APP), which aims to reduce premiums that cut contributions from workers…

What do the Numbers say about Toronto’s City Council?

By Napas Thein Edited by Savannah Harlan and Alexi Guindon-Riopel Decision-making that impacts our city goes through a rigorous process that involves multiple players, including the public service, stakeholders, and elected officials. Many important agenda items in the municipal jurisdiction ranging from alcohol in parks to new taxes to declaring homelessness an emergency are voted…