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Silas Xuereb

@silasxuereb.bsky.social
165 followers 111 following 37 posts

(Political) Economist @c4tf.bsky.social, PhD candidate. Views my own

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Silas Xuereb @silasxuereb.bsky.social · 22/06/2026
After our report on wealth inequality at the national level a few months ago, @obsqcinegalites.bsky.social approached me to ask whether we could produce similar estimates for the provincial level. A few months later, here's the result!
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Silas Xuereb @silasxuereb.bsky.social · 13/05/2026
Something is happening in Quebec... a real conversation about the problem of extreme wealth! This article asks questions I've never seen posed in English media - why do we say Galen Weston is "worth" $18B? We must not conflate wealth and personal value. Why can't we have this convo in English media?
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Reposted by Silas Xuereb
Ricochet Media @ricochetmedia.bsky.social · 21/04/2026
Carney’s fuel tax pause rewards polluters. Instead of capturing windfall profits for the public good, Ottawa is bankrolling fossil fuel companies and starving services needed during the #climatecrisis. New from @silasxuereb.bsky.social: ricochet.media/politics/car... #cdnpoli @c4tf.bsky.social
ricochet.media
Carney’s fuel tax pause rewards polluters
Carney’s fuel tax pause rewards polluters and will generate more windfall profits for oil companies amidst a rising affordability crisis.
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Silas Xuereb @silasxuereb.bsky.social · 14/04/2026
While this will help some households with gas prices, this is not the solution we need - Big Oil is profiting immensely from this crisis, now those profits will come at the expense of our public services as well as workers' paychecks. We should be redistributing those profits not our public services
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Silas Xuereb @silasxuereb.bsky.social · 09/04/2026
Unlike most countries around the world, Canada could actually experience economic growth due to the US' illegal war on Iran. But, we need to focus on its distribution, not growth itself. The status quo means all that growth will be captured by a select few while the rest of us face higher prices...
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Silas Xuereb @silasxuereb.bsky.social · 16/03/2026
Another year of record corporate profits, new tax cuts for corporations, and investment still did not budge. We need a different approach.
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Silas Xuereb @silasxuereb.bsky.social · 13/03/2026
The extremely concerning provisions in Bill C-15 that could exempt corporations from myriad federal laws still have not been removed. Committees added some additional caveats but the bill still allows a single minister to exempt any corporation from paying income taxes. 350.org/press-releas...
350.org
350.org raises the alarm about Canada’s undemocratic Bill C-15
Vancouver / Traditional, ancestral, and unceded territory of the xʷməθkʷəy̓əm (Musqueam), Sḵwx̱wú7mesh (Squamish), and səlilwətaɬ (Tsleil-Waututh) Nations February 26, 2026...
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Silas Xuereb @silasxuereb.bsky.social · 09/03/2026
Higher gas prices are going somewhere: into the pockets of the owners of the oil and gas industry. An excess profits tax could redistribute those funds back to us. For more information on what that could look like: www.taxfairness.ca/en/resources...
taxfairness.ca
Taxing excess profits in Canada: An urgent proposal for action
What is an excess profits tax?
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Mr. Javaid @mrjavaid.bsky.social · 03/03/2026
Canadian oil profits for the Big 4 are set to soar as the US/Israel strikes on Iran rattle global markets. 📈 While prices spike, Cdn producers could reap a "risk premium." We should tax these windfall profits to invest in future-proof, climate-resilient energy. We need a windfall tax on O&G now.
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Silas Xuereb @silasxuereb.bsky.social · 11/02/2026
🚨NEW REPORT: Our new report, along with our friends at BC Policy Solutions, estimates wealth concentration in Canada from 1999-2023. We find that the share of wealth owned by the top 1% increased from 19.3% to 22.7% over this period. www.taxfairness.ca/en/resources...
taxfairness.ca
The new robber barons: A quarter century of wealth concentration in Canada
A quarter century of wealth concentration in Canada Billionaires. Wealth taxes. Stock market booms and busts. In one form or another, wealth is in the headlines day after day. But what actually is wea...
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Silas Xuereb @silasxuereb.bsky.social · 20/01/2026
My latest for CCPA is actually not about taxes! But amidst the celebration of Carney's Davos speech, his government is continuing to make very concerning moves you probably haven't heard about...
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Silas Xuereb @silasxuereb.bsky.social · 05/01/2026
No end is in sight for the race to the bottom on corporate taxation shown below. The OECD confirmed today that US multinationals will be exempt from the GMT agreement and created a new carveout for tax credits, meaning even the meagre 15% rate is unlikely to apply to most multinationals in Canada
thefactcoalition.org
Under U.S. Pressure, OECD Agrees to Deal Allowing Continued Tax Abuse by Big U.S. Corporations
Today’s announcement by the OECD that U.S.-headquartered corporations will continue to be exempt from key elements of the global minimum tax regime represents a regrettable setback for the global figh...
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Silas Xuereb @silasxuereb.bsky.social · 02/01/2026
The surge in corporate profit rates that began during COVID has never ended - a greater share of corporate revenue is profits than ever before, and we are taxing those profits less than ever. No wonder CEO pay has hit another record high!
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Silas Xuereb @silasxuereb.bsky.social · 12/12/2025
Where is the critical coverage of the budget implementation bill? It allows ministers to exempt ANY entity from ANY federal law (except the criminal code). The CCF says this gives ministers the power to "act like dictators" yet I haven't seen a single English-language media outlet cover this
theccf.ca
CCF warns that C-15 would allow Carney gov’t to exempt any person or company from almost any law - Canadian Constitution Foundation
TORONTO – The CCF is concerned that a provision in Bill C-15 would give federal ministers the power to exempt any individual or business from almost any law
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Silas Xuereb @silasxuereb.bsky.social · 27/11/2025
As the federal gov inconceivably lifts regulations on oil and gas and lays the groundwork for a new pipeline, a reminder that our recent research found "Canada's" O&G industry's recent expansion increased payouts to foreign shareholders without adding any new jobs www.taxfairness.ca/en/resources...
taxfairness.ca
Exporting Profits
Introduction
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Olúfẹ́mi O. Táíwò @olufemiotaiwo.bsky.social · 09/09/2025
the "tax the billionaires" political refrain is Good Actually in part because it is a call for the people at the top to actually be constrained by rules informed by the public interest, a virtue that fingerwagging correctives about how much revenue such taxes would *really* generate doesn't address
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Silas Xuereb @silasxuereb.bsky.social · 05/09/2025
In our latest for The Breach, Jared and I do a deep dive on how continued tax haven abuse is not just despite our government policy - it's because of our government policy.
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Silas Xuereb @silasxuereb.bsky.social · 25/08/2025
Great to see income inequality getting the in-depth coverage it deserves! When we think about economic policy, we need to think not just about growth, but about how economic growth will be distributed - too often it has benefitted shareholders and CEOs, not workers.
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Silas Xuereb @silasxuereb.bsky.social · 18/07/2025
After decades of international cooperation and the domestic implementation of a global minimum corporate tax, the use of tax havens must be declining, right? Actually, our new report finds Canadian assets in tax havens hit a record $682B in 2024, up 165% from 2014 www.taxfairness.ca/en/resources...
taxfairness.ca
The rise and rise of tax havens
Introduction: Canada has a big tax haven problem
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Silas Xuereb @silasxuereb.bsky.social · 18/04/2025
When asked about preventing corporate tax avoidance, Carney promised to review the corporate tax system but failed to commit to any meaningful action to stop the use of tax havens. With @c4tf.bsky.social, I explained why all parties need to address this now: www.taxfairness.ca/en/resources...
taxfairness.ca
All parties must address tax havens in this election
In 2023, Canada’s investment in the top 15 tax havens hit a record $620B. As tax ha
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Silas Xuereb @silasxuereb.bsky.social · 11/03/2025
While affordability concerns heightened during the pandemic, they were not new... Half of Canadians’ market incomes increased less than the cost of living from 1982 to 2022. Shelter costs increased from 23.4% of a typical household’s budget in 1982 to 31.4%. www.taxfairness.ca/en/resources...
taxfairness.ca
Canada's affordability divide: How the 1%'s rise left millions behind
Affordability and neoliberalism
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