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Decentralized Democracy

House Hansard - 50

44th Parl. 1st Sess.
March 31, 2022 10:00AM
  • Mar/31/22 11:23:37 a.m.
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Mr. Speaker, I would like to thank my colleague for his speech. I enjoyed his analysis of the incoherence of the Conservatives' motion today. How can we talk about balance without talking about revenues? We know that tax havens exist and that billions of dollars are being diverted from the public coffers thanks to these tools of the wealthy. We also know that rich people in Canada are accumulating more and more of the wealth generated by Canadians and by Canadian workers. Does my colleague have anything to say about that?
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  • Mar/31/22 4:44:08 p.m.
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Madam Speaker, it is great to have such a high-minded debate on such an important issue, and on this side of the House, we appreciate the member's comments referring to so many of our colleagues who made some important points about this motion. I thank him for repeating what we have said here. I am going to correct him with regard to CPP. CPP payments from the employers and employees are going up 10% and the payouts are staying the same, in case he does not realize that about CPP either. When are we going to get to balance? We talked about the amount the government has spent in the last couple of years, which is $560 billion, and the Parliamentary Budget Officer has told us that over $170 billion of that was not necessary at all for the pandemic. It is excessive government spending that was not required in order to get us out of the hole the pandemic put this country in. Before a pandemic, $170 billion was the most that has ever happened. This will be the highest deficit in Canadian history. The member talked about all kinds of stuff. If he does not think it is because of the regulatory burdens the government is throwing on their backs, including the payroll taxes that are rising without benefit to the employees, why are companies leaving Canada?
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