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Decentralized Democracy

House Hansard - 109

44th Parl. 1st Sess.
October 6, 2022 10:00AM
  • Oct/6/22 1:03:19 p.m.
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Madam Speaker, I am trying to hear myself think over the din of heckling coming from the opposition. Earlier, we heard our friend from Kings—Hants talking about maybe going a little easier on our friends in the corporate sector, yet we see the CEO of Shell in the media saying they need the government to tax them more. My question is on the principle of excess profits. A principle that Canada once held is that during a time of national crisis, like, for instance, the Second World War, it was inappropriate and reprehensible for corporate entities to make excess profits. Is this a principle that the parliamentary secretary believes is valid? We are getting through an extraordinary crisis as a country that is unparalleled in recent memory, yet we see certain companies posting record profits and taking advantage of the situation. Does he—
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  • Oct/6/22 1:47:54 p.m.
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Madam Speaker, my friend from Vaughan—Woodbridge noted a number of current government initiatives that he feels address some of the affordability challenges we are seeing out there in Canada, yet all measures of economic inequality show that this phenomenon is hitting in the wrong direction. I wonder, first of all, if my friend would agree that economic inequality is something we want to see reduced, and, further, whether he can discuss what it means that all the initiatives to date from the government have failed to reverse the trend of worsening economic inequality.
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