The Latest

Certain partisans have been citing Canada's performance on per capita GDP as evidence of a supposed 'lost decade' and economic mismanagement. In Policy Options, economist and director of the Centre for Future Work Jim Stanford deconstructs this arbitrary and misleading statistic. In the first of a two-part analysis, he explains multiple factors affecting both the numerator and denominator in this headline-grabbing number and how recent trends in GDP per capita say more about rapid immigration than about Canada’s overall economic health.

Some business and political commentators cite a growing gap between the per capita GDP of Canada and the U.S. as evidence of Canada’s purported economic dysfunction. In Policy Options, economist and director of the Centre for Future Work Jim Stanford deconstructs this arbitrary and misleading statistic. In the second of a two-part analysis, he explains how Canada is not poorer than Alabama and how, despite lower economic growth per person, most Canadians earn more, live longer and fare better than Americans.

Many Canadian businesses and workers are facing looming furloughs and layoffs. As CEO of Challenge Factory Lisa Taylor argues, these workforce disruptions should be seen as an opportunity to invest in our workers, in our businesses and industries and in the future we want for our families and communities. We must evolve government programs to incentivize businesses to train and upskill workers to meet new market demands and execute on new strategies, rather than lay those employees off. Recovery from workforce shocks is possible with creative ways to reinvent and transform.

Canada’s pension funds need to step up and help the Canadian economy pivot. They can do so in keeping with their fiduciary duty to their contributors, but in a way that builds long-term economic resilience. SCP's Matthew Mendelsohn and Michelle Arnold argue that defenders of the status quo are mistaken in their analysis, and that the federal government can use its fiscal power in targeted ways to get more capital into the hands of Canadian businesses and communities.

For small businesses across Canada, a lack of commercial tenancy protections means unexpected rent increases, undue financial distress and even threat of closure. As SCP Fellow Liliana Locke argues, there are jurisdictions that have solved for commercial rent hikes that we can learn from in this moment. Smart policy in the commercial rent market would provide Canada’s small businesses the vital stability they need to sustain and grow their businesses through these turbulent economic times.

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.

A combination of rising U.S. tariffs, a weakening Canadian dollar and a generation of business owners nearing retirement has created the perfect storm for a wave of foreign takeovers. SCP's Michelle Arnold, Futurpreneur's Karen Greve Young and Venture for Canada's Scott Stirrett on how a few targeted policy changes could enable aspiring entrepreneurs to buy existing businesses, keeping jobs and ownership local while injecting fresh energy into our Canadian economy.

From fighter jets to TikTok, nothing is off the table when Canadians talk about how best to counter Trump's economic assault on Canada. SCP brings you some creative, crowdsourced policy ideas gathered by our Chair Jon Shell on a recent LinkedIn post. More evidence that new voices entering the policy discussion will help us get through the current crisis and emerge in a more hopeful place.

Today, Canada’s main streets are more likely to feature American chains and less likely to be locally owned. We already face economic assault from the south—SCP's CEO Matthew Mendelsohn and Fellow Rachel Wasserman on why we cannot accept unchecked serial acquisitions as a tactic in this economic war against us and what we can do about it.

Despite the fact that governments, business leaders, workers and Canadians all say they want to be less economically vulnerable, there is a real risk that, two years from now, even more of our businesses and assets will be owned by U.S. investors. SCP's CEO Matthew Mendelsohn and Chair Jon Shell propose four ideas to prevent American finance from gobbling up the Canadian economy.

Canada’s value proposition aligns with the values most Canadians hold, even if we execute on them imperfectly: diversity, inclusion, freedom, equality, democracy, respect and reconciliation. SCP's CEO, Matthew Mendelsohn, on why he would rather invest in a country that strives to uphold those values and build an inclusive, democratic capitalist system than invest in the uncertain, volatile mess that is the United States right now.

Foundations in Canada, both private and community, hold hundreds of billions of dollars in their endowments. Our CEO, Matthew Mendelsohn, lays out how endowments held by our universities, colleges, hospitals and other public-purpose institutions, including our philanthropic foundations and those who manage our donor advised funds, need to reorient their investment practices to meet this moment.

Under economic threat from the Trump administration, Social Capital Partners launches a Special Series of policy ideas that support Canadian economic sovereignty, advance ownership for Canadians and reduce dependence on the U.S. Our CEO, Matthew Mendelsohn, explains how we need to seize this opportunity to advance the interests of workers, small businesses, the economically vulnerable and young Canadians who have known for a long time that our economy is not working well for them.

Canadians are more vulnerable to Trump’s economic warfare today because our housing system is in crisis and has left many Canadians without affordable places to live. Some of our own bad policy choices have put us in this position of vulnerability. We've got three housing policy ideas we want the team at Missing Middle to look into.

Living next to a superpower run by oligarchs is not where we expected to be 20 years ago, says Matthew Mendelsohn. But it’s where we are. Pretending otherwise doesn’t serve our interests. Canada is big enough, powerful enough, smart enough and rich enough to build a stronger, more independent economy if we start now.

Rising rents are pushing mom-and-pop shops off Canada's streets. In Canadian Business, Aaron Binder and SCP Fellow Liliana Locke (née Camacho) from the Better Way Alliance argue new commercial tenant protections are the answer.

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.

A helpful summary of Employee Ownership Trusts that gives Canadian business owners and their advisors a simple (albeit not short) explanation about what they are, and why they should care.

Bringing EOTs to Canada has been a labour of love for a lot of people over the last few years. We’re deeply grateful to the government for establishing the policies we need for employee ownership to flourish here. Now that it’s real we can’t wait to see the community pick the idea up and run with it.

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.

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.

Social Capital Partners' Chair, Jon Shell, sets the record straight on the capital gains changes in the 2024 Federal Budget.

Social Capital Partners' CEO, Matthew Mendelsohn, reflects on the Bank of Canada's productivity speech and calls for need of fresh ideas, voices and questions.

New research continues to demonstrate that employee ownership fosters economic resilience. As in previous economic crises, employee-owned companies were better at retaining employees and at maintaining hours and salaries throughout the pandemic. In a post-pandemic economic environment, the demonstrated benefits of increased employee retention and alignment by employee-owned companies will be even more important to support economic growth.

The story of the Rate Drop Rebate pilot, including key milestones, successes, dilemmas, insights and lessons learned. The Rate Drop Rebate was a unique partnership that brought SCP together with financial institutions, publicly funded employment service providers and the Government to reduce unfair barriers to employment and help grow the province’s small and mid-sized businesses.

The Partnership Council champions the hiring of people with disabilities and provides strategic advice to the Ontario Minister of Economic Development, Employment and Infrastructure to enhance employment opportunities for Ontarians with disabilities.

Canada’s approach to training and development needs reform. Billions of dollars are spent annually on job training and skills development, with limited evidence of lasting benefits. Most problematic, employers’ talent needs (i.e., actual skills demand) are not formally embedded in the process of determining how or where money is spent, leaving a fundamental disconnect between demand for skills and the investments being made by governments.