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House Hansard - 98

44th Parl. 1st Sess.
September 20, 2022 10:00AM
Context: House Hansard - 98 - Sep/20/22
Hon. Randy Boissonnault (Minister of Tourism and Associate Minister of Finance, Lib.)
  • Sep/20/22 2:34:09 p.m.
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Mr. Speaker, we have been committed to ensuring that everyone pays their fair share of taxes, and we remain committed to just that. We are permanently increasing the corporate tax rate by 1.5% for the largest and most profitable banks and insurance companies, and there is a 15% recovery dividend on the excess profits these institutions made during COVID‑19. This government is prudent when it comes to taxation.
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