Small, independent businesses are the backbone of our economy. Unfortunately, they’ve become harder to start and struggle to compete with large chains. We’ve been inspired by owner-owned cooperatives that help small businesses thrive.
“Research suggests that COVID-19 is accelerating the greatest wealth transfer in the history of retail, worsening the already unequal distribution of ownership in our society.”
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Sellers’ inflation is back on the horizon. We can stop it before working people pay the price.
Trade-war chaos and confusion are creating a perfect storm for sellers' inflation—when companies with market control choose to hike prices to gouge consumers and grow their profits when they have the chance. As SCP Fellow Kaylie Tiessen writes, this profit-led inflation often hides behind other drivers and can blindside us if we’re not watching closely. There are good reasons to accept some tariff-related price increases—elbows up, right? But she outlines three ways we can stop opportunistic sellers from using this trade chaos to mask their profiteering. We can stop powerful companies from exploiting confusion and weak oversight so working people don't pay the price while profits soar.
New Canadian Tax Observatory seeks visionary founding CEO
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A new middle-power alliance would give Canada leverage and Canadians hope
Canada should lead the world’s middle powers in a collective and overdue weaning from American primacy by establishing a grand new security and economic alliance. As SCP Chair Jon Shell argues in The Hill Times, ten countries including Canada, Australia, France, Germany, Italy, the U.K., Spain, Japan, South Korea and the Netherlands, or the “Core 10," would amount to about the same GDP as the U.S., with significant natural resources, massive buying power - and significant leverage against American economic aggression.