“If the economy doesn’t function, nothing else will, and we won’t be able to adequately care for the sick, the fragile and the elderly.”

– Frank Stronach, Founder

Read Frank Stronach’s ongoing contributions in the National Post

MISSION STATEMENT

The coalition was founded for the purpose of improving Canada’s economic health and prosperity. A strong economy is the foundation of a free and prosperous nation. If the economy doesn’t function, nothing else in our society will.

Although the Canadian Charter of Rights and Freedoms guarantees important democratic rights and freedoms, it should be fortified with an Economic Charter of Rights.

The Foundation is inspired by the vision and success of Canadian entrepreneur Frank Stronach, who introduced an economic charter of rights at Magna International Inc. that gave employees the right to share in the profits they helped produce. The economic charter placed Magna on a path of phenomenal growth and record profits.

The coalition will bring together a non-partisan coalition of concerned citizens to advocate for an Economic Charter of Rights in Canada.

The Coalition advocates for an Economic Charter of Rights to enhance the Canadian Charter of Rights and Freedoms

Becoming a global role model

“We need to think about the economy in a different way — a way that allows everyone to benefit, not just an elite few. Canada could become a role model for the world if we adopted an economic charter designed to share the wealth we produce more fairly among all Canadians, simplify our tax system, and require the government to balance the budget, pay down debt, and reduce overall spending.”

– Frank Stronach

When you break it down, the economy is driven by three forces: smart managers, hard-working employees and investors, all of whom work together to turn the wheels of commerce. All three of these forces, or stakeholders, have a right to a portion of the profits produced by the business. The plain fact is, no business can make a profit without employees.

– Frank Stronach

“When you break it down, the economy is driven by three forces: smart managers, hard-working employees, and investors, all of whom work together to wheels of commerce. All three of these forces, or stakeholders, have a right to a portion of the profits produced by the business. the plain fact is, no business can make a profit without employees.”

The more than 1 million small businesses across Canada are the backbone of our economy. They fuel economic growth, drive innovation and create most os the new jobs. But they are being stifled by a growing amount of red tape and regulations. An economic chart of rights would remove the regulatory burdens imposed on small business and give them the freedom to grow, expand, and hire more employees.”

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Campaign

The Stronach Foundation for Economic Rights: A Coalition of Concerned Citizens will soon be sending out pledge statements to political candidates across Canada to seek their commitment to implementing an Economic Charter of Rights.