The Common Wealth Blog
Articles on building the commons and sharing the value arising from our natural and co-created wealth.
Canada’s housing debate has a giant blind spot: Land rents
There is a blind spot the size of Canada's housing crisis in the debate that virtually no politician, pundit, and economist is talking about: unearned income from the rent of land.
Want real action on housing? Tax the land (The Star Opinion)
Canada needs more housing in the places where people need to work and want to live. Implementing a land value tax will incentivize such development. By Daryl Fairweather & Floyd Marinescu
Pouring more Fuel on the Fire
As Einstein said, “The definition of insanity is doing the same thing over and over and expecting different results.” We’ve tried fuel on this fire, how about we try water?
Land Value Tax went mainstream in 2023
This may have been the best year ever for Land Value Tax in Canadian and US mainstream media.
Taxing land can provide $194 billion for Canadians
The possible rent generated from a federal land value tax in Canada is $194 billion, an amount that could eliminate federal personal income taxes for all Canadians.
Taxing land value can lower the cost of living
The number one cost for Canadians is housing. Be it in rental or mortgage payments, the percentage of Canadians’ incomes that are being eaten up by housing costs are ever-increasing…
Common wealth for the common good.
Common Wealth is a project that promotes policies rooted in the idea that value arising from what nature or society creates, rather than individual effort, should be collected to benefit all citizens directly — through dividends and lower taxes.
Doing so would fix the incentives driving our housing and cost of living crises, while stewarding our resources for the benefit of future generations. The goal of this project is to expand our common wealth in order to create a society where progress benefits everyone.