ACEP - CAPE

BREAKING: Over 60 unions, civil society organizations, Indigenous and faith groups have signed an open letter to the Prime Minister calling for an excess profits tax on oil and gas companies.

Polling released last week shows that two thirds of Canadians support taxing the windfall profits of oil and gas corporations, with the revenues used to address the cost of living crisis and lower our energy bills.

Instead of cutting Canadians' services and programs, the government could be using these profits to support improving the lives of people across the country.

The scale of corporate profiteering by the fossil industry while people across Canada contend with high fuel bills is staggering: oil companies are set to make $10 million per hour based on conservative estimates. A 75% tax on excess profits 120% above pre-crisis profit levels would generate more than $40 billion that could be given back to Canadians.

The writing’s on the wall: an excess profits tax is a feasible, practical, and popular solution.

Read the open letter: https://350.org/ept/

Any changes to our members’ pension must start with the ability to freely negotiate pensions, working conditions and benefits.

Les membres de l’ACEP et l’ensemble des fonctionnaires ont déjà pu constater les conséquences qu’entraîne la mise en œuvre imprudente de cette technologie sans mesures de protection adéquates.