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House Hansard - 57

44th Parl. 1st Sess.
April 25, 2022 11:00AM
Context: House Hansard - 57 - Apr/25/22
Mr. Marty Morantz (Charleswood—St. James—Assiniboia—Headingley, CPC)
Mr. Speaker, I rise today in support of my private member's bill, Bill C-240, the supporting Canadian charities act. The pandemic has inflicted tremendous losses on charities and their ability to provide much-needed services to Canadians. The situation is bleak. Canada's 85,000 registered charities have lost billions of dollars during the pandemic, at a time when services are needed more than ever. Charities are now facing demands for their programs and services that currently exceed their capacity to deliver. Bill C-240 could help to solve this problem by amending the Income Tax Act to waive the capital gains tax on the proceeds from the arm's-length sale of privately owned shares or real estate when those proceeds are donated directly to a charity. This simple change to the Income Tax Act would raise over a billion dollars for charities over the next five years. When charities are hurting, people are hurting. Let us do something about it. I ask every member to support this bill. Working together, we can get the charitable sector back on its feet and Canadians back on theirs.
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Context: House Hansard - 57 - Apr/25/22
Mr. Marty Morantz (Charleswood—St. James—Assiniboia—Headingley, CPC)
  • Apr/25/22 3:06:56 p.m.
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Mr. Speaker, last year the Liberals gave Medicago $173 million in taxpayers' dollars to build a Canadian vaccine manufacturing plant. Now we have learned that tobacco company Philip Morris owns a major stake in Medicago and that the World Health Organization has denied approval for the emergency use of the Covifenz vaccine outside of Canada. Can the minister please explain this failure of due diligence, and why he wasted $173 million on a vaccine we cannot even donate?
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