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Decentralized Democracy

House Hansard - 50

44th Parl. 1st Sess.
March 31, 2022 10:00AM
Context: House Hansard - 50 - Mar/31/22
Mr. Yves Perron (Berthier—Maskinongé, BQ)
  • Mar/31/22 10:43:53 a.m.
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Mr. Speaker, it is mind-boggling. We do agree that the inflation issue is an important and fundamental problem and that we need to do something about it. However, the Conservatives have proposed a simplistic, I would even say populist, solution to reduce all taxes. Do our colleagues in the Conservative Party know that in June 2021, the G7 countries agreed to start imposing a 15% minimum tax on tax evasion? This could bring in billions of dollars for us. In 2020, the Parliamentary Budget Officer said that a special tax on the massive profits that corporations, like the infamous oil companies that the other side is always defending, bring in, could add $7.9 billion to the federal treasury. Those are the kinds of things we need to do. We agree on the substance of the issue, namely that we need to help people. However, the Conservatives' messages are frankly twisted and full of misinformation, and they want to stop taxing major corporations that are earning a profit. That does not make sense, and they are trying to serve their own political interests here. I would like to hear my colleague's thoughts on this. Does he realize that if we adopt the Conservative Party's motion we are giving up on taxing the corporations earning massive profits, which could help our people?
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Context: House Hansard - 50 - Mar/31/22
Mr. Yves Perron (Berthier—Maskinongé, BQ)
  • Mar/31/22 1:32:51 p.m.
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Mr. Speaker, I would like to ask my colleague a question. Do the Conservatives realize they are being inconsistent with the motion they are moving this morning? When we talk about increasing health transfers—a unanimous request from the provinces—the Conservatives usually agree with us. When they say that overspending needs to end, does that mean they will now oppose this? Similarly, when we ask for increases to old age security, will they be against that, too? Is my colleague aware that, if we tie our hands with today's motion and say that there will be no new taxes, we are closing the door on imposing a tax on businesses that have made exorbitant profits in the past two years? That money could be redistributed to people who need it to buy groceries. I would like to hear what my colleague has to say.
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