Social Capital Partners🇨🇦

Social Capital Partners🇨🇦

@scpartners.bsky.social

Who owns the economy matters. We're a Canadian policy non-profit advocating for broader access to wealth and ownership. #cdnpoli #ownershipmatters www.socialcapitalpartners.ca Toronto, ON 🇨🇦

5.9K followers14.6K following575 posts

Social Capital Partners🇨🇦 reposted

Social Capital Partners🇨🇦 reposted

Don’t buy Big Oil’s lies 💸 The only way Canadians will benefit from the oil price shock is if we tax the fossil fuel industry’s excess profits and use those billions to help everyday people. #cdnpoli #canada #gasprices

Between 2019 and 2024, only 11.5% of outstanding business loans in Canada went to SMEs. Across the OECD, the average was 44%. A new report by @michellearnold.bsky.social argues that this is not a reflection of the limits of our entrepreneurs, but the limits of our lenders. Read the report 👇

socialcapitalpartners.caBuilt to Exclude: Why Canada’s enterprises need a different kind of financingCanada's enterprise financing system is dominated by big banks that control 93% of banking assets and nearly 80% of SME lending. While stable and respected, these banks have structural constraints—min...

With more than 75% of small business owners planning to exit over the next decade and $2 trillion in assets at stake, it’s a change that could give more employees a stake in their workplace and keep businesses under Canadian ownership. Read the article 👇 #OwnershipMatters #EOTs #CdnPoli

readthepeak.comAn under-the-radar tax change could see more employees become owners in their workplaceBusiness owners who sell their companies to Employee-Owned Trusts will benefit from a juicy incentive that's now a permanent part of the tax code.

The Canadian Tax Observatory says about 84% of the 8 million people living with disabilities have not been able to qualify for the #DisabilityTaxCredit. Disability advocates have been pushing to make the qualification process easier. 📰 Read the article: www.cbc.ca/news/politic...

cbc.caChanges to disability tax credit broadly welcomed by opposition, advocates | CBC NewsThe Liberal government's plan to make it easier for Canadians living with disabilities to apply for the disability tax credit is being welcomed by the opposition and advocates who say the proposed cha...

🎉Big news for small biz🎉 The federal gov is making the Employee Ownership Trust tax exemption PERMANENT! Business owners can now sell to their employees and get up to $10M in capital gains exempted. No more uncertainty. Plan with confidence! #SmallBusiness #EOTs #OwnershipMatters #CdnPoli

theglobeandmail.comTax break to help business owners sell to employees to be made permanentProgram could help thousands of small-business owners as they think about retirement

In Tuesday's Government of Canada spring economic update, @mark-carney.bsky.social says that Employment Ownership Trusts (EOTs) “empower Canadian workers to buy into their businesses.” It's great news for workers, communities and the broader economy. #OwnershipMatters #CdnPoli #CdnEcon #EOTJoy

globalnews.ca7 ways the spring economic update will affect your wallet - National | Globalnews.caThe spring economic update includes a number of new measures intended to lower costs for Canadians that will also affect personal finances, mortgage rules and banking.

Among measures our social sector should know about: The tax incentive designed to support more companies in transitioning into Employee Ownership Trusts (EOTs) is being made permanent, reports @futureofgood.bsky.social "Employee ownership is a perfect fit for our times." #EOTs #CdnPoli

futureofgood.coExplainer: What the social sector should know about Carney’s Spring Economic Update – Future of GoodA tax incentive designed to support more companies in transitioning into Employee Ownership Trusts (EOTs) is being made permanent, as per the Spring Economic Update.

Social Capital Partners🇨🇦 reposted

We just released our first Spring Economic Update. It outlines our country’s strong fiscal position and introduces new measures to ensure that all Canadians can participate in building Canada strong, and share in its success.

OMERS committed $10B more to Canadian investments, which is good news. But our pension funds have been pulling back from Canada for 20 years. With real threats to our economic sovereignty on the table, that has to change fundamentally. Our take on what it will actually take 👇 #CdnPoli #Maple8

socialcapitalpartners.caAre Canadian pension funds stepping up for Canada at this moment of threat? All signs point to maybeLarge Canadian pension plan OMERS announced earlier this week that it will attempt to increase its investments in Canada by $10B over the next five years. This is a good sign, says SCP CEO Matthew Men...

Social Capital Partners🇨🇦 reposted

Emails released on Monday by California’s attorney general show Amazon allegedly colluding with other companies to raise the prices of pet treats, khaki pants, eyedrops and other products sold online

theguardian.comEmails show Amazon colluding with other firms to raise prices, California authorities allegeThe previously redacted messages were unveiled as part of an antitrust battle with California attorney general Rob Bonta

The Cdn Tax Observatory and @gillianpetit.bsky.social did a deep dive into the #DisabilityTaxCredit. It’s supposed to be a gateway to 13+ income support programs but 84% of people w disabilities don’t qualify. Many of them are living below the poverty line. 👇Read more #Disability #CdnPoli

canadiantaxobservatory.caCanada's Disability Tax Credit stymies 84% of those it’s meant to help | The Canadian Tax ObservatoryA new report authored by Dr. Gillian Petit takes a detailed look at the Disability Tax Credit (DTC) and its role in channeling support for those who need it most.

If you've felt like the economy is doing fine for some people and really not fine for others, you’re right. We’re living in a K-shaped economy, in which the well-off are thriving and everyone else is grinding it out. 📰 Read the piece 👇 #CdnPoli #WealthInequality #KShapedEconomy

canadiantaxobservatory.caA small group of Canadians are living it up. The rest of us are struggling. Welcome to the K-shaped economy | The Canadian Tax ObservatorySince the pandemic ended, life for the wealthy has been a joyride. Life for the rest of us has, more often than not, been a grind.

Social Capital Partners🇨🇦 reposted

Some thoughts about the President of the United States speaking about ending a civilization. The president speaks genocide. Anyone who has been involved in that conversation or associated actions would be complicit. And so we too must speak. Not only about crimes, but about their legal punishment.

Social Capital Partners🇨🇦 reposted

The Artemis II crew proposed naming a moon crater after Commander Reid Wiseman’s late wife Carroll, who lost her life to cancer 😭

Social Capital Partners🇨🇦 reposted

Amazon reportedly failed to create any new jobs at its HQ2 in Virginia last year, despite millions of state tax incentives. The company has cut 30,000 jobs since last October — while saving $4 billion in taxes under Trump's Big Ugly Bill. Trickle-down economics is a hoax.

Extreme wealth inequality undermines economic resilience and social stability, and we’re here to change that. It’s the natural next step in our mission to build an economy where more people are owners and have agency over their economic future. What we believe:

View full thread

Extreme wealth inequality undermines economic resilience and social stability, and we’re here to change that. It’s the natural next step in our mission to build an economy where more people are owners and have agency over their economic future. What we believe:

View full thread

Extreme wealth inequality undermines economic resilience and social stability, and we’re here to change that. It’s the natural next step in our mission to build an economy where more people are owners and have agency over their economic future. What we believe:

View full thread

Extreme wealth inequality undermines economic resilience and social stability, and we’re here to change that. It’s the natural next step in our mission to build an economy where more people are owners and have agency over their economic future. What we believe:

Canada's non-market housing sector is half the size it should be, and part of the reason is a set of obscure rules quietly blocking NFPs from using their own assets. 👇 Our new paper lays out the problem and, crucially, the fixes! They're relatively simple, low-cost and within reach. #CdnPoli

socialcapitalpartners.caUnlocking non-profit assets: The low-cost fixes Canada's housing sector desperately needsGrowing the non-market housing sector is a national priority and building the capacity of non-profits to deliver more of it is one of the most important levers available. Unfortunately, explain Michel...

Food is too expensive in Canada. And one reason is the oligopolistic control of our food markets, writes @mendelmatt.bsky.social. Grocery chains make profits way out of line with their global peers. Even when comparing apples to oranges, #OwnershipMatters 📰 Read the piece 👇 #CdnPoli

socialcapitalpartners.caToronto is piloting a city-owned grocery store. Could it help fight high food prices?Toronto City Council has approved initial steps toward a city-owned grocery store pilot to increase competition and drive down food prices. The move addresses growing concern over Canada's grocery oli...

Social Capital Partners🇨🇦 reposted

How’s the U.S. economy? Not bad if you’re rich. Same in 🍁: over the past year, the richest households have been rapidly multiplying their wealth, while those with tighter budgets struggle to get ahead. Read their stories. #EconSky #WealthEquality #CdnPoli #EconomicSecurityForAll

nbcnews.comWho can afford to get ahead in America?The rich are getting richer, while others can't keep up. Here's why the top 1% is doing so well and why many Americans are struggling financially.

Social Capital Partners🇨🇦 reposted

Wall Street's average annual bonus hit $246,900 in 2025, taking the total payout pool to a record high, according to estimates by the New York State comptroller. Read more: bloom.bg/4uSfnwZ 📷: Michael Nagle/Bloomberg

Prediction markets have made it possible to bet on almost anything in the U.S. and now @wealthsimple.bsky.social wants to bring it to Canada. It looks like finance, but acts like gambling - with all its addictive harms. Read @rwasserman.bsky.social on stopping the scourge 👇 #CdnPoli #EconSky

theglobeandmail.comOpinion: We must stop the scourge of prediction-market gambling coming to CanadaPrediction markets use the language of finance but rely on the economics of gambling

"Federal authorities are nickel-and-diming individual taxpayers, often in low-income circumstances, while fiscal authorities are side-stepping a full-on conversation about how to fairly finance the society we want and who will pay." 📰 Read the latest from @hscoffield.bsky.social #FairTaxation

thestar.comSix years later, the CRA is still hunting down billions in CERB money. Court cases are piling upWhile the CRA nickels and dimes individual taxpayers, writes Heather Scoffield, Ottawa has side-stepped a conversation about how to fairly finance the society we want — and who will pay.