44th Parl. 1st Sess.
March 21, 2022 11:00AM
- Mar/21/22 12:12:06 p.m.
- Watch
Madam Speaker, virtually from the very beginning, the government has been very much focused on the issue of equity. We saw this when, for example, we put in the special tax on Canada's wealthiest 1% and reallocated that revenue toward Canada's middle class, to which we gave a tax break.
As to the resolution today, one of the parts I want to highlight is what the member talked about regarding inflation. I am wondering if the leader of the New Democratic Party could provide his thoughts on this: When we talk about inflation, one of the things we have to take into consideration is what is happening around the world. Canada is doing reasonably well on that particular front.
Could the member provide his thoughts with regard to the notion that inflation is not just in Canada and that it goes beyond our borders?
146 words
- Hear!
- Rabble!
- add
- star_border
- share
- Mar/21/22 12:27:16 p.m.
- Watch
Madam Speaker, to address the issue of wealth inequity, something NDP members often talk about, I made reference to the issue of the 1% wealthiest being taxed as one of the first initiatives this government took. I have also in the past made reference to substantial increases to the GIS and government investments.
Recently we made announcements across Canada of a national child care program for billions of dollars. That is, I would ultimately argue, a redistribution that is taking place. Therefore, there are different ways that we can tackle this problem.
One of the other ways, and I would ask for the member's comments in regard to this issue, is that there are a lot of people who avoid paying taxes. Over the last five years, we have invested close to $1 billion in going after those people because there is a lot of wealth that is being avoided in taxes. Could the member provide his thoughts in terms of providing Revenue Canada with the proper tools to ensure that we are collecting fair taxes?
177 words
- Hear!
- Rabble!
- add
- star_border
- share
- Mar/21/22 2:28:06 p.m.
- Watch
Mr. Speaker, what is happening at CP is a lockout. The minister should be concerned to know why a company in the supply chain is locking out its employees under the current circumstances.
The cost of gas, groceries and housing continues to rise. Families are struggling, but banks, big oil, grocery and big box stores are making record profits. Wealth inequality is at its highest level in generations.
Will the Liberals deliver on their promise to make life more affordable for people by making the wealthiest pay their fair share?
90 words
- Hear!
- Rabble!
- add
- star_border
- share
- Mar/21/22 2:28:44 p.m.
- Watch
Mr. Speaker, the opposition member is discussing the issue of affordability.
We lowered taxes for the middle class twice. We increased them for the wealthiest 1%, but the members across the aisle voted against. We created the Canada child benefit, which is indexed to inflation, but they voted against.
On this side of the House, we are here to address the issue of affordability, and that is what we will continue to do.
73 words
- Hear!
- Rabble!
- add
- star_border
- share
- Mar/21/22 2:31:04 p.m.
- Watch
Mr. Speaker, since the hon. member has raised the issue of affordability, let us review what we have done since taking office. We lowered taxes for the middle class twice and raised them on the wealthiest 1%, and Conservatives voted against. We created the CCB indexed to inflation and Conservatives voted—
Some hon. members: Oh, oh!
57 words
- Hear!
- Rabble!
- add
- star_border
- share
- Mar/21/22 4:35:22 p.m.
- Watch
Madam Speaker, I would not want to see false impressions being given when we have seen over the last number of years a progressive government that has focused special taxes on some of the wealthiest in Canada, right from the first budget up to legislation that we just passed.
Recognizing that the member made reference to the cost of housing, we now have an annual tax for individuals who are purchasing condos and so forth, in places such as Vancouver and our other big cities, and using them purely as an investment as opposed to a residence. That is a special annual tax that will be applied to very wealthy people. There are different ways we can approach this.
I would suggest to the member that what she said has been noted, and I appreciate the comments, but I would ask her if she could provide her thoughts on this: When you make reference to banks, we need to be fair. Many of the shareholders of the banks are pension funds and so forth, so it is not only individuals per se.
182 words
- Hear!
- Rabble!
- add
- star_border
- share
- Mar/21/22 6:27:13 p.m.
- Watch
Mr. Speaker, one of the problems in questions and answers is that the Speaker is not going to let me give a full, detailed answer. Suffice it to say that what members need to recognize is that, when we brought in these measures of the special tax on Canada's 1% wealthiest and the tax break for the middle class, it actually came along, at the end of the day, with the reform of the Canada child benefit program, and that enhanced disposable income for many individuals. I am sure my friend would have liked to see that and he would have no doubt supported it had he been here.
110 words
- Hear!
- Rabble!
- add
- star_border
- share
- menumenu
- notificationsnotifications
- home
- mailmail
- searchsearch
