CANADA'S INEQUALITY IS GROWING. AND THE TAX SYSTEM IS PART OF THE PROBLEM.
Tell Finance Minister François-Philippe Champagne: Tax extreme wealth and fix a broken system.
In 2025, the 40 richest Canadians added nearly $95 billion to their wealth, while millions struggled to afford food, rent, and basic needs.
- The richest 1% hold $3.9 trillion in wealth, nearly as much as the bottom 80% combined, while the bottom 40% hold just over 3%
- 4 million Canadians are food insecure
- 1.4 million children live in poverty
At the same time, income from wealth is taxed more lightly than income from work. This means that the richest often pay a smaller share of their income than ordinary Canadians.
This System Isn’t Fair
Loopholes and offshore tax havens allow extreme wealth to grow faster than it is taxed.
The result: wealth concentrates at the top while everyday costs rise for everyone else.
We Can Fix It
A fairer tax system could include:
- A tax on extreme wealth
- An excess profits tax on corporations
- Closing loopholes that favour wealth over work
Together, these could raise $40 billion a year to invest in:
- Housing
- Child care
- Health and mental health services
- Income supports
- Climate action
Canadians deserve a tax system that works for everyone.
Send a message to Finance Minister François-Philippe Champagne: Tax extreme wealth and make the system fair.