Make the rich pay their fair share

Facts

7 April 2026

This tax season and year-round, wealth inequality is out of control in Canada. So why are most Canadians paying more every year, while the ultra-rich pay less?

Tell your MP it’s time to tax the rich:

A new federal bracket taxing income over $1 million at 37% would affect only 43,000 Canadians, help deter outsized salaries, and raise $1.3 billion annually
Money is money, and you shouldn't be taxed differently depending on how you earn it—close the capital gains loophole and end the 50% discount on income that comes from wealth instead of work
A progressive wealth tax (1% tax on net wealth above $10 million, 2% on $50 million, and 3% on $100 million) would raise over $39 billion in the first year and nearly half a trillion dollars over 10 years

This revenue could go towards urgent priorities like building affordable housing, safeguarding and strengthening Canadian medicare, protecting Canadian sovereignty, and tackling the cost-of-living crisis millions of Canadians are facing.

Send your message now!

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To : Prime Minister Mark Carney, Finance Minister Champagne

CC: Karina Gould, Jasraj Singh Hallan, Jean-Denis Garon

Subject

Message

Dear Prime Minister Carney,

As everyday Canadians are stretched and struggling, the wealthiest Canadians have been amassing unprecedented wealth, driving alarming inequality and threatening our democracy. It’s no wonder that polls continuously identify incredibly high support for taxing the rich in Canada.

Creating a new federal income tax bracket on income over $1 million at a rate of 37% would raise $1.3 billion annually and apply to only 43,000 Canadians.

An overwhelming majority of 80 to 90% of Canadians, including me, support a wealth tax. A simple 3% wealth tax on people with over $100 million a year could raise over $18 billion a year. A more comprehensive progressive wealth tax on net worth over $10 million would affect only 0.6 per cent of Canadians, while raising over $39 billion in the first year and close to half a trillion dollars over 10 years.

Lastly, we need to recognize that money is money, and you shouldn't be taxed differently depending on how you earn it. Right now, you get a 50% off discount if you have enough wealth to make your money from buying and selling assets instead of working for a living. We need to close this unfair loophole.

Implementing these policies would yield desperately needed revenue that could go towards urgent priorities like building affordable housing, safeguarding and strengthening Canadian medicare, protecting Canadian sovereignty, and tackling the cost-of-living crisis millions of Canadians are facing.

I urge you to begin correcting the stark inequality in our society by using these sensible tax tools to make our country fairer for everyone.

Sincerely,

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