As Canada prepares for disruption and sacrifice, whose side are our leaders on?
In this election, Canadians are looking for a leader who will stand up to economic threats from our mercurial and adversarial neighbour. But how, Matthew Mendelsohn asks, will the ideas on offer help workers, regular people, not-for-profits and smaller and medium-sized businesses transition to the emerging new world order? Yes, Canada needs economic growth, but it needs to be the kind that enriches working Canadians, not just not just large financial and corporate interests.
March 29, 2025Blog,Never 51Local economies,Changing narratives,Productivity,Wealth inequality,Economic policy,Never 51
The Alternative Exit podcast: Championing Employee Ownership Trusts to revolutionize wealth distribution
SCP Chair Jon Shell sits down with Andy Farquharson on The Alternative Exit Podcast to explore the transformative potential of employee ownership. Jon recounts how he advocated for Employee Ownership Trusts (EOTs) in Canada to address wealth inequality and business succession. He talks advantages of EOTs, from preserving a company’s legacy to fostering economic resilience in the workforce and reshaping both business culture and wealth distribution.
January 23, 2025Video,Podcast,In the mediaAlternative ownership,Changing narratives,Wealth inequality,Employee Ownership Canada (EOC)
Social Capital Partners appoints slate of new advisors
Advisory Board members will advise on SCP’s strategy and agenda, drawing on decades of experience across finance, business, government, public policy, communications, civil society and community economic development.
January 21, 2025News releaseChanging narratives,Wealth inequality,Economic policy
A message from Social Capital Partners: We’re going to tell you the truth
There are lots of real, tangible public-policy solutions to the problems we face, says Matthew Mendelsohn. It begins with talking about the economy in a different way, grounded firmly in the public interest and data that reflect the reality of how people experience their economic lives.
January 16, 2025BlogChanging narratives,What we’re exploring,Wealth inequality,Economic policy
Uncommons Podcast: Wealth inequality and inclusive growth with Matthew Mendelsohn
Social Capital Partners’ CEO, Matthew Mendelsohn, joins Member of Parliament for Beaches-East York, Nate Erksin-Smith, on his podcase “Uncommons”. Matthew and Nate talk about wealth concentration and its threat to democratic stability. They also discuss practical solutions to address wealth inequality, lack of trust in democratic institutions, the role of the federal public service and the need for a competent and responsive government.
July 26, 2024Video,PodcastChanging narratives,Wealth inequality
Mark Carney and the Canadian business elite need to think more about growing wealth inequality that is destabilizing democracies around the world
Mark Carney made a speech last week and many people had plenty to say about it. But one of his replies during the Q & A deserves more attention than it received. MP Nate Erskine-Smith asked Carney what he would do about Canada’s growing wealth inequality. Carney’s answer was a bit unfocused, but he made two points clearly: 1) Let’s hope wealthy people give more to charity, and 2) We shouldn’t only focus on redistribution.
Billionaire Blindspot: How official data understates the severity of Canadian wealth inequality
Statistics Canada's official wealth survey significantly underestimates wealth inequality. Canada’s wealth concentration is not as extreme as in the United States, but closer than official data suggest. This misleading portrait undermines Canadians’ ability to have an evidence-informed conversation about how to address growing wealth concentration and the threats it represents for economic resilience and democratic stability.
Preparing for SCP’s next strategic phase
Social Capital Partners has a long history of investing in people and projects that create more economic opportunity in Canada. Recently, our focus has been on establishing more avenues for working Canadians to build wealth through ownership. Learn more about what we are moving towards.
April 23, 2024BlogChanging narratives,What we’re exploring,Wealth inequality,Economic policy
Canada is bad at studying wealth inequality and we explain why that matters
Social Capital Partner's Director of Policy Dan Skilleter summarizes the key findings of his recent report "Billionaire Blindspot" in a Toronto Star Opinion piece.
Social Capital Partners releases new report on wealth inequality in Canada – concludes that official statistics significantly underestimate the problem
This new report critically analyzes Canada’s flagship wealth survey, the Survey of Financial Security (SFS), and outlines how its methodological shortcomings lead to significant underreporting of wealth inequality.
April 4, 2024News releaseChanging narratives,Wealth inequality