44th Parl. 1st Sess.
March 4, 2022 10:00AM
- Mar/4/22 10:16:17 a.m.
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- Re: Bill C-8
Mr. Speaker, I want to begin by congratulating my colleague from the Standing Committee on Finance for his speech.
There is one thing about Bill C-8 that the Bloc Québécois members find particularly bothersome, and that is the 1% tax on underused housing owned by non-resident non-Canadians.
We could discuss the policy to determine whether it is a good measure in the context of the current housing shortage. The problem is that the policy sets a precedent. By collecting property taxes, for the first time in history, the federal government will be getting involved in a taxation area that, until now, has fallen under the exclusive jurisdiction of the municipalities and therefore the provinces.
I would like my colleague to share his thoughts on respecting provincial and municipal jurisdictions.
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