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Decentralized Democracy

House Hansard - 62

44th Parl. 1st Sess.
May 2, 2022 11:00AM
  • May/2/22 11:10:20 p.m.
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  • Re: Bill C-8 
Madam Speaker, just to follow up, my Conservative colleague talked about inflation that is impacting not just Canada, but countries globally. One thing we do not talk enough about is the skyrocketing concentration of wealth and the rampant inequality that is growing in our country. We see that we have the lowest corporate tax rate in the G7. We have tax havens that are designed to protect the super wealthy. Does my colleague agree that we have a big issue when it comes to the concentration of wealth at the top and that the super wealthy could afford to contribute more so that we could build affordable housing, so that we could make sure that people have pharmacare and so that we could tackle the toxic drug supply and the overdose crisis? I appreciate my colleague for always speaking and trying to find solutions.
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  • May/2/22 11:11:20 p.m.
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  • Re: Bill C-8 
Madam Speaker, my colleague from Joliette has been working on this issue for years and making suggestions to the government about tax havens. It is appalling that the rich are getting richer and the poor are getting poorer in a G7 country. The wealth gap is getting wider and wider. The kind of situation we are in today is bound to happen when Bay Street has so much power and influence within the government. This is unfortunately where we find ourselves. Instead of tackling tax havens, the government is giving more tax credits and subsidies to the banks and oil companies. At some point, a decision will have to be made, but that will take political will. This political will would free the government from Bay Street so that we can work on behalf of the people who voted for us, the people who are actually working to build a better life for themselves.
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