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Decentralized Democracy

House Hansard - 83

44th Parl. 1st Sess.
June 7, 2022 10:00AM
  • Jun/7/22 10:49:51 a.m.
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Uqaqtittiji, I have shared in the House several times the food insecurity issues that are suffered by my constituents and many indigenous peoples. Meanwhile, major corporations, such as Loblaws and The North West Company are reporting billions and millions in profits, as well as billions and millions in dividends going to shareholders. Instead of increasing the profits of these major corporations, why do the Conservatives not support taxing their profits to help people before they fall further into food insecurity?
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  • Jun/7/22 12:53:30 p.m.
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Uqaqtittiji, The North West Company is a multinational Canadian grocery and retail store, which, according to its reports in October, said its profits were 57.6% higher than at prepandemic levels. Does the member agree that taxing the windfall pandemic profits of big corporations is a better way to help Canadians?
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  • Jun/7/22 1:53:57 p.m.
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Uqaqtittiji, Suncor reported net profits of over $4 billion. It distributed $3.9 billion to its shareholders. The motion before us seems to indicate that the Conservative Party is acting as a gatekeeper for such corporations. I would like to ask the member why his party thinks that cutting taxes at the pumps will stop big oil and gas from simply raising gas prices.
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