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Decentralized Democracy

House Hansard - 102

44th Parl. 1st Sess.
September 26, 2022 11:00AM
  • Sep/26/22 2:32:28 p.m.
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Mr. Speaker, those are all programs that the NDP forced the Prime Minister to do. The reality is there has been no crackdown on profiteering and no attempt to make the ultrarich pay their fair share. Grocery chain profits have hit $3.5 billion while a quarter of Canadians are going hungry. Corporate greed is making inflation worse and hurting Canadian families. While people struggle to pay for their groceries, the Prime Minister is letting corporate greed go unchecked. Will the Liberals put into place a windfall tax to force wealthy CEOs to pay their fair share now?
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  • Sep/26/22 4:09:39 p.m.
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  • Re: Bill C-30 
Madam Speaker, a report came out this summer showing that one in four Canadians are spending less than they need to on groceries. Many are going hungry. I want to thank him for his support for the critically important NDP initiatives, such as doubling the GST credit, ensuring we have a targeted support for people struggling to pay their rents and ensuring kids under 12 receive dental care as a first step toward a federal dental care program. One thing I did not hear about in his speech, which is a crucial part of this equation when it comes to rising costs, is corporate greed. The Liberals, so far, have refused to put a windfall excess profits tax on corporations that are making record profits. Would the member support an excess profits tax, or are the Liberals going to keep protecting corporate profits while Canadians go hungry?
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  • Sep/26/22 5:39:12 p.m.
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  • Re: Bill C-30 
Mr. Speaker, I thank my colleague for that interesting question. Indeed, there has been a lot of talk about oil in the House today and in the past few months. The Liberal government has and would have had a great opportunity. Obviously this would never come from the Conservatives, but the oil companies' profits soared over the past few months, and the Liberal government refused to take a cut. That is too bad because we are not talking about millions of dollars, but billions of dollars. A small cut of that amount could easily help our seniors, the people who always lose out and get overlooked in our system.
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  • Sep/26/22 5:53:22 p.m.
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  • Re: Bill C-30 
Mr. Speaker, yes, inflation is the problem, and we can guess who is paying for it. It is everyday people, but there are solutions. For example, we have big corporations and CEOs who made record profits during the pandemic. They are not paying for it; that is a choice. Do members know who is paying for it? It is single parents getting clawbacks to their Canada child benefit. That is who is paying for it. It is everyday people who are paying more for bread. While Galen Weston, the CEO of Loblaws, makes $5,100 an hour, the cost of bread is going up. I am wondering why the Liberal government does not go after all these greedy corporations that are making record profits. Stop making excuses and do not make everyday people pay. Make corporations finally pay their fair share.
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  • Sep/26/22 11:55:40 p.m.
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Mr. Speaker, this is apropos given the last debate we were having about the fixed link. I was actually in the minister of the environment's office when we signed off on that being the first piece of infrastructure that adapted to climate change, because it was built for a one-metre sea level rise. We need to stop taking our attention off an issue once it is no longer in the front pages, and we need to find a place where we get the money. I respectfully suggest that given the profiteering by big oil right now from the profits they get from the war in Ukraine, we should double their tax for one year, from 15% to 30%. That would generate $8 billion that we could dedicate to making sure we protect communities and help them rebuild.
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