Shopify CEO appears to endorse giving more votes to wealthy Canadians
- CanadaThe billionaire CEO of one of Canada's largest companies has come under fire for seeming to endorse stripping voting rights from some and giving more votes to the ultra wealthy.
- Shopify CEO Tobi Lütke replied positively to a post on X suggesting a system of "weighted voting proportional to the amount of income tax you pay," from no votes for people who don't pay income tax to five votes for anyone paying $500,000 or more.
- Tobi Lütke's support of proposal made by retired TD Bank executive has drawn ire on social mediaKevin Maimann · CBC News · Posted: Jul 28, 2026 2:51 PM EDT | Last Update
Unverified
- CanadaThe billionaire CEO of one of Canada's largest companies has come under fire for seeming to endorse stripping voting rights from some and giving more votes to the ultra wealthy.
- Shopify CEO Tobi Lütke replied positively to a post on X suggesting a system of "weighted voting proportional to the amount of income tax you pay," from no votes for people who don't pay income tax to five votes for anyone paying $500,000 or more.
- Tobi Lütke's support of proposal made by retired TD Bank executive has drawn ire on social mediaKevin Maimann · CBC News · Posted: Jul 28, 2026 2:51 PM EDT | Last Update
Sources: CBC