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Corporate Control: Canada in Decline Book Two

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How deep does corporate dominance go in Canada? The second book in Nora Loreto’s landmark series, Canada in Decline, dives into the corporate web spun around Canada’s economy, society, and politics.

The joke goes that Canada is three mining companies in a trench coat. Or three oil companies in a trench coat. Or three telecom companies in a trench coat. It’s funny because it’s almost there are only a few corporations that exert a disproportionate amount of power over Canadian democracy.

Corporate profits are at a record high, and the divide between the rich and the poor has never been wider. Canadians are struggling with inflation, the affordability crisis, a housing crisis and wages that don’t cover basic needs. The combination of these forces is a pressure cooker that politicians have promised to tackle, except they can’ they are too restricted by corporate power to confront the roots of the problems that face Canadians.

The first book in the Canada in Decline series examined the rise and fall of Canada’s social safety net. In this next volume, Corporate Control, activist, author, and journalist Nora Loreto goes further, identifying why Canadian politicians seem so impotent in the face of corporate Canada.

264 pages, Paperback

Published June 3, 2025

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Nora Loreto

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Displaying 1 - 3 of 3 reviews
Profile Image for Emma.
2 reviews
October 27, 2025
Continuing to read Nora Loreto's "Canada in Decline" series was a no-brainer. They are as timely as they are historical references. I find myself connecting scenarios felt all over the country to my small town - Confirming suspicions that we (the citizens) aren't as in control as we may occasionally think.

She covers how Canadians became victims of globalization and became the right-hand man of the United States. How the corporate and political world are so entwined it may as well be a wreath, thereby working full-speed to make themselves as much money as possible. Non-profits became a venue for corporations to make even more money, and the bureaucracy I've experienced within this system isn't something I'm uniquely frustrated with. Anything I have ever been annoyed at - grocery prices, grant applications, wealth distribution, taxes (both from a business perspective and from a consumer perspective), MPs not listening to me/us, wait times at the hospital, gov't spending more money on reports than actual solutions, mortgage applications and upkeep, democracy failing as a whole - Loreto covers it in this book.

This is a dense book. It's jam-packed with information, statistics, and analysis. Yet I find it very readable. Its a book I read a section at a time with my pencil ready to underline and annotate as necessary. It covers a lot. If you find political writing hard to get through - at just 200 pages, I do suggest giving Loreto's series a chance. I'm looking forward to the next in the series.
1 review
August 10, 2025
Took me longer than expected to read, but only because I spent the entire book constantly looking up more context in disbelief of everything we've done to try and intentionally ruin our country.

5/5 I will not read it again because I'm not sure I could withstand the frustration of this being the reality we live in.
Profile Image for Antoine Dumas.
110 reviews3 followers
August 30, 2025
Quick, easy read. A bit chaotic; not the best writing. Some economics errors. But overall, brimming with solid, important points. It's a call to action that everyone needs to hear.
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