SoVote

Decentralized Democracy

House Hansard - 50

44th Parl. 1st Sess.
March 31, 2022 10:00AM
  • Mar/31/22 3:38:31 p.m.
  • Watch
Madam Speaker, I am sure you are very tired. You are working a lot and, while I am talking about the amount of time you have been here, I want to pass on my wishes to the Speaker to get well soon. I have heard the Liberals talk about affordability. We have watched while they have let big oil get a free ride. Big oil has had record profits, and what did they do? They gave record dividends out to their shareholders, and then we saw gas prices go up for everyday consumers. We saw the big banks do the same thing. They had record profits and gave out record dividends. They then increased fees to their regular consumers. Grocery stores made record profits in the pandemic while grocery bills went up by almost $1,000 for the average family. The Liberals continue to support this corporate welfare, just as the Conservatives did, instead of supporting everyday Canadians. The Conservatives put forward a motion today where they actually want to increase taxes on people's retirement by not recognizing that the CPP is actually deferred wages that everyday people actually need. When will the Liberals stop supporting corporate welfare and make corporations pay their fair share of taxes?
208 words
  • Hear!
  • Rabble!
  • star_border
  • Mar/31/22 3:53:41 p.m.
  • Watch
Madam Speaker, here we are listening to Liberals, and today Conservatives actually want to go after seniors' retirement income. Together, they helped reduce corporate taxes from 28% to 15%. Meanwhile, people cannot even afford a place to live. We have seen how these tax breaks have worked out. I appreciate being heckled by the— Some hon. members: Oh, oh!
60 words
  • Hear!
  • Rabble!
  • star_border
  • Mar/31/22 3:54:13 p.m.
  • Watch
Madam Speaker, BMO made a net profit of $7.7 billion. It paid out $2.74 billion in dividends to shareholders. Loblaws made a net profit of $1.9 billion and paid out $484 million in dividends. Suncor made a net profit of $4.1 billion and paid $3.9 billion to its shareholders. In the meantime, gas prices went up. Food prices went up. Bank fees went up. The corporate welfare needs to end. Motions like today's need to be defeated and instead the government needs to support our call to action, which is to charge 3% on the profits of those big corporations that have earned over $1 billion so that we can actually get people the help they need now and make life more affordable.
129 words
  • Hear!
  • Rabble!
  • star_border
  • Mar/31/22 5:08:31 p.m.
  • Watch
Madam Speaker, the first line of the Conservative motion today cites, “excessive government spending has increased the deficit, the national debt, and fuelled inflation to its highest level in 31 years,” but does not mention that corporate tax cuts have gone from 28% to 15%. It is like the Conservatives have become the no-revenue party. The big banks, big oil and grocery stores have had record profits that have paid out record dividends. How is that playing out for everyday Canadians? We are seeing cuts in services. We have seen an absence of the national housing strategy. Over 25 years there were cuts to Veterans Affairs and cuts to services for Canadians. The corporate welfare is out of control and I think this motion fails to address that. Does my colleague agree that those big corporations that have profited throughout the pandemic should pay their fair share so that they are not leaving the burden and shouldering of all tax debt on everyday Canadians?
167 words
  • Hear!
  • Rabble!
  • star_border