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How the Top One Per Cent Threaten Canada’s Future

Monday, March 23rd, 2026

A modest wealth tax that affects only Canadians with over $10 million in net wealth could raise nearly $40 billion annually. Ninety-nine per cent of Canadians would not pay it. Similar taxes are already in place in Norway, Switzerland and Spain, and California is currently considering a one-time wealth tax on billionaires. Canada is also the only country in the G7 without an inheritance or estate tax.

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