Democratizing Corporate Governance

Canada should:

  • Enact or amend relevant legislation to require that at least one quarter of the members of the boards of the following sorts of corporations be elected by employees of the corporation:
    1. Crown Corporations
    2. Canada Business Corporations Act (CBCA) corporations
    3. Non-CBCA corporations that wish to be eligible for contracts from the Federal government.
  • Create a national business school curriculum for worker-owned cooperatives and collectives; or incorporate such instruction in existing technical institutes and colleges.
  • Facilitate worker buyouts and cooperative or collective forms of ownership of existing or new firms, including by ensuring tax treatment on par or better than privately owned firms and corporations.  
  • Require all sales of interests in Canadian corporations beyond a threshold size to be permitted only by Parliament after due investigation. Prohibit reverse takeovers that cross the Canadian border.

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  • Keith Stanistreet
    commented 2020-07-13 17:58:58 -0400
    This platform on Democratizing Corporate Governance is an excellent beginning for the move to workers coops and managing/controlling a governance system currently aimed solely at ensuring the wealth and pleasure of shareholders and The Few (1%) at the expense of The Many. No more Affluence Solely for T he Few, Abject Misery for The Many ! We shall not go quietly into serfdom !