April 10, 2025, Toronto (ON): Canada’s tax system is contributing to economic inequality and an increased concentration of wealth, but there is a widespread misunderstanding of how our tax system works and who it serves. Many well-funded interests falsely suggest that tax fairness would undermine economic growth.
Recognizing the need for more balance in publicly available information, Social Capital Partners and other funders are incubating a new, non-partisan, nonprofit Canadian institution to lead an informed national conversation on the links between taxation, economic fairness and a thriving democracy.
“There is a global groundswell of interest in economic systems that deliver equitable benefits across society. Our vision for a more democratic capitalism in Canada requires well-regulated markets and policy changes that provide real opportunities for people to build economic security. And it also requires fair taxation,” says the Canadian Tax Observatory’s founding board chair, Matthew Mendelsohn. “We are seeking a visionary leader who can shape and grow the Observatory into a permanent, influential Canadian institution connected to global networks identifying better, more effective ways to achieve tax fairness.”
The organization’s mission is to support a more equitable tax system that advances shared prosperity and economic growth through rigorous research, collaboration, advocacy and public education. The board has secured seed funding of approximately $550,000 per year over three years and is in the foundational stages of building the incorporated nonprofit organization into a registered charity. The board is open to adapting the Observatory’s operating structure to suit the preferred leadership model of the chosen leader.
To learn more about the Founding CEO position and how to submit a Statement of Ambition expressing interest in this transformative role, please visit: www.socialcapitalpartners.ca/ObservatoryFoundingCEO
About the Canadian Tax Observatory
The Canadian Tax Observatory is an essential voice in Canadian tax policy. A non-partisan nonprofit established in 2025, the new organization supports a more equitable tax system that advances shared prosperity and economic growth through rigorous research, collaboration, advocacy and public education. The Canadian Tax Observatory’s founding board of directors is comprised of Chief Executive Officer of Social Capital Partners Matthew Mendelsohn (Board Chair), Professor of Political Management at Carleton University Jennifer Robson and Executive Director of Euphrosine Foundation Niamh Leonard.
About Social Capital Partners
Who owns the economy matters. Social Capital Partners believes working people deserve a fighting chance to build economic security and wealth. A Canadian nonprofit organization founded in 2001, we undertake public policy research, invest in initiatives and advocate for ideas that broaden access to wealth, ownership and opportunity, and that push back against extreme economic inequality. To learn more, please connect with us on LinkedIn or Bluesky or visit socialcapitalpartners.ca.
For more information, please contact:
Katherine Janson
Director of Communications
Social Capital Partners
647-717-8674
katherine@socialcapitalpartners.ca
Share with a friend
Related reading
Elbows up: A practical program for Canadian sovereignty | Report
Canada can’t become a sovereign country by doing the same old things, explains a new compendium of essays co-sponsored by the CCPA, the Centre for Future Work and several national civil society organizations. Elbows Up: A Practical Program for Canadian Sovereignty is a response to corporate rallying cries responding to Donald Trump with a familiar playbook: deregulation, austerity, tax cuts and fossil fuel expansion. The collection includes contributions from 20 progressive economists and policy experts, including SCP CEO Matthew Mendelsohn and others who participated in the Elbows Up Economic Summit held in September 2025 in Ottawa.
Pipelines and algorithms aren’t going to save us | The Hill Times
Smart investments in natural resources and AI alone will not get us through this moment of geopolitical rupture. As Matthew Mendelsohn writes in an op-ed for The Hill Times, SMEs contribute just over half of Canada’s GDP and employ 64 per cent of our people. We have to make more low-cost capital available to the smaller businesses, locally owned enterprises, not-for-profits and social enterprises who crucially employ and reinvest locally, act as important local economic infrastructure and provide services that are crucial for well-being. They are automatic stabilizers in the face of tariff threats outside our control.
What’s wrong with mainstream economics?
Mainstream, or “neoclassical,” economics still dominates how we teach, study and understand our economy, even though much of it doesn’t match reality. In this piece, economists Louis-Philippe Rochon and Guillaume Vallet explain why outdated economic ideas persist and how they can lead to harmful policies. They challenge five common myths about inflation, growth and inequality, showing that today’s economy is driven more by power and institutions than by perfect markets. As "heterodox" economists, they argue it's time for a new kind of economics that reflects how the real world actually works.


