A non-political coalition to improve the lives and fortunes of all Canadians

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The Stronach Foundation for Economic Rights: A Coalition of Concerned Citizens was founded in 2023 by Canadian entrepreneur Frank Stronach and is based on the concept of an economic charter of rights that he established at Magna International Inc., one of the world’s largest automotive companies.

The purpose of the organization is to bring together Canadians from across the country who are concerned about the economic direction of the nation. It is a non-partisan coalition that aims to appeal to Canadians of all political viewpoints who believe in the need for a strong economy that benefits all – owners, managers, workers and investors.

The primary objective of the organization is to advocate for the implementation of an Economic Charter of Rights.

Without a strong economy, we will not be able to pay for social programs like health and education, and we will become incapable of caring for the most fragile people.

Skyrocketing debt. A growing income gap between the wealthy and Canadian workers. Falling living standards.

If we do not address these problems, we are placing the future prosperity of Canadians at risk.

The organization is heavily influenced by seven key principles that Frank Stronach has embraced throughout his highly successful career. These include the need to avoid debt, reduce overhead, and give workers the right to accumulate wealth through profit participation.

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The Stronach Foundation is a federally registered not-for-profit organization that will be funded with seed money provided by founder Frank Stronach. The foundation has retained the services of Deloitte Canada to provide accounting, tax filing and auditing services.