The Broadbent BlogBlog Feed

The hub for Canada’s leading progressive voices.

Disclaimer: the opinions expressed  herein are those of the author and not necessarily those of the Institute.

Stock options, inequality, and corporate performance

One of the major forces behind the rapid increase in the income share of the top 1% in the United States and Canada has been rising senior corporate executive pay, especially in the form of stock options. 

The majority of the top 1%, and an even higher proportion of persons in the ultra-wealthy top 0.1%, are either senior managers of non financial companies or work in the financial sector where stock options are usually the biggest single part of total compensation.

Typically, companies give...

Canada Pension Plan: the best retirement pension deal we’ve got

The Oct. 19 Globe and Mail editorial supporting expansion of the Canada Pension Plan (CPP) got it exactly right. The CPP is “one of the country’s great public policy successes” and “the best [savings plan] we’ve got.”

Notwithstanding evidence that many middle-income earners will face a sharp decline in living standards in retirement as a result of the erosion of employer pension plans and very low rates of private savings, the Harper government has refused...

Dear Rex Murphy: context and history count

Rex Murphy’s commentary in the National Post on recent Mi’kmaq protests is misinformed and demonstrates a profound ignorance of our history. 

In his article, he suggests that the behaviour of Mi’kmaq protestors at Elsipogtog First Nation on October 17th constitutes a “rude dismissal of Canada’s generosity”. Even more “raw and provocative an insult”, he argues, is the suggestion that this and other protests (including the Caledonia blockade and...