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Decentralized Democracy

House Hansard - 83

44th Parl. 1st Sess.
June 7, 2022 10:00AM
Context: House Hansard - 83 - Jun/7/22
Mr. Larry Maguire
  • Jun/7/22 12:50:36 p.m.
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Madam Speaker, of course it does, but the government added to inflation long before there was ever a war in Ukraine. When $5 billion a week is printed for a year and a half, it is bound to put a lot of money into circulation in a country like Canada. When COVID hit, we had to help people out off the hop, but the government helped itself out by continuing to spend money that even the Parliamentary Budget Officer cannot keep track of, and he admits that only two-thirds of it was being used for COVID. The member for Winnipeg North says that there is not enough input from the petroleum industry in Canada, if I can put it that way. It pays $20 billion a year in taxes. How much more does he think it should pay?
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Context: House Hansard - 83 - Jun/7/22
Hon. Chrystia Freeland (Deputy Prime Minister and Minister of Finance, Lib.)
  • Jun/7/22 2:33:58 p.m.
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Mr. Speaker, our government is committed to making sure that everyone pays their fair share. We have taken concrete action by permanently raising the corporate income tax on the largest and most profitable corporations, banks and insurance companies and by introducing a 15% Canada recovery dividend on banks and insurance companies.
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