I have quite a few creative ideas, but am too tired to write them down rn. I’ll go the easy, lazy way (and write about more legislation ideas tomorrow):
Proportional representation like Germany. In every election, the voter votes for an individual and a party. The individual is chosen to represent the riding through STAR voting (my version). After all MPs are elected, to ensure proportional representation according to the party votes (the second vote that voters cast), individuals from party lists are put into parliament.
This way, we get riding representation and party representation.
I think the new sovereign wealth fund might do this but if not its heading the right way:
When the government funds a company like a startup or bails out an existing company it should get shares in those companies.
This would allow us to increase the amount of money in our public market which will increase the amount of companies being started in Canada. And the conservatives will be less able to bitch about it because its an investment and running the government like a business. Not that any of them know how to do that.
Truly, I don’t understand how this isn’t a thing already, it’s so basic. In any other context, a large investor in a private company acquires a share of it. In Canada, if the large investor is the government, its a gift?? Wtf??? I’d even be okay to, say, build on some clauses that the government buys shares at a higher price, or needs to divest at X time, first right to buy back, etc., if people are afraid of the government literally taking over everything.
Or even simple clauses, like CEO take a pay cut, no bonuses, etc. But this business of privatizing gains and socializing losses only helps the ultra wealthy hoard wealth at the expense of everyone else. It’s incredibly immoral to take bailouts, then give bonuses and even fire workers.