Original research on economic rents, land value tax, and housing affordability in Canada. Read our papers, explore the data, and dig into the methodology.
In this paper, we estimate the total economic rents (or unearned profits) from Canada's land and natural resources that could be collected as new revenue, without inhibiting productive investment. At $241 billion/year, it could be enough to raise the 0% personal income tax bracket to $250,000/year or generate a dividend of $7,600/year per adult.
Read the paper → /fundCanada should have a sovereign wealth fund that invests our common resource wealth to benefit all Canadians. A Common Wealth Fund with $2T in assets could generate $60–$90 billion a year to pay dividends or fund public investments — enough to pay every Canadian adult a lump-sum dividend of $42,000 after 10 years, or annual dividends of $2,600 or more.
Read more →
So long as land — what drives home values — is an investment, housing will be expensive. A land value tax would reduce demand for land as an investment, encourage more housing supply where needed, and help restore affordability for all.
Read the case for LVT