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Decentralized Democracy

House Hansard - 127

44th Parl. 1st Sess.
November 15, 2022 10:00AM
Context: House Hansard - 127 - Nov/15/22
Mr. Blake Desjarlais (Edmonton Griesbach, NDP)
  • Nov/15/22 10:28:10 a.m.
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  • Re: Bill C-32 
Madam Speaker, our role in this place, and something New Democrats have been fighting for, is to distinguish between the needs and wants of Canadians. It is important that Canadians, especially right now when they are feeling the cost of living pinch, see our economy get better. Part of that is ensuring that we actually tax those that have been disproportionately benefiting from this crisis, like Loblaws, which has benefited $1 million a day. I was pleased to see the Canada recovery dividend in the member's speech. I was also pleased to see that the government was going to act on this. That is a 15% tax on banks and life insurers. We have also seen incredible greed from not just food companies but also the oil sector. Why would the government not expand this tax and tax those that are making disgusting profits?
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Context: House Hansard - 127 - Nov/15/22
Mr. Darrell Samson
  • Nov/15/22 10:29:10 a.m.
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  • Re: Bill C-32 
Madam Speaker, one of the first things we did when we formed government was to add a 1% tax on those most fortunate, and that was a key step forward. That allowed us to bring some revenue in to reduce taxes for the middle class, which was essential. There are very important questions to be asked around banking and the profits of some of the bigger companies. I agree with my colleague that we need to find ways to ensure that they are paying their fair share. That is exactly what we are working on now.
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Context: House Hansard - 127 - Nov/15/22
Ms. Lori Idlout (Nunavut, NDP)
  • Nov/15/22 10:42:52 a.m.
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  • Re: Bill C-32 
Uqaqtittiji, the member asked where families are to get this money from and mentioned that there is no meaningful solution. I would say that there is a meaningful solution in the Canada recovery dividend, which will gain $1 billion over five years. Although this is not enough, does the member agree that this windfall tax needs to be extended to major corporations reporting record profits, like Loblaws, which has been showing $1 million a day in profits?
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Context: House Hansard - 127 - Nov/15/22
Mr. Alistair MacGregor (Cowichan—Malahat—Langford, NDP)
  • Nov/15/22 11:56:14 a.m.
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  • Re: Bill C-32 
Madam Speaker, I have yet to hear Conservatives talk substantially about the record profits that oil and gas companies are making. These companies are literally swimming in piles of cash right now. We have not seen profits like this for years. I am wondering if my Conservative colleague would like to address the elephant in the room. They complain about high fuel prices but say nothing about record profits. Does he have any comments or policies to address that unfair situation, which is affecting people from coast to coast to coast?
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