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House Hansard - 128

44th Parl. 1st Sess.
November 16, 2022 02:00PM
  • Nov/16/22 2:32:01 p.m.
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Mr. Speaker, people across the country are struggling. Everything costs more. Food is becoming a luxury. While the big grocery stores' profits keep increasing, the Liberals and the Bank of Canada are telling working people that they are the ones who need to tighten their belts. Workers' wages are not going up and Loblaws is making profits at three times the rate of inflation. It makes no sense. The Liberals still refuse to address corporate greed. Why are the Liberals putting business owners ahead of families who are struggling?
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  • Nov/16/22 2:40:30 p.m.
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Mr. Speaker, I thank the member for his question. What we have heard from business groups in Canada, including the Canadian Federation of Independent Business, is that we have to support our small and medium-sized businesses. In the fall economic statement, we announced plans to work on the credit card system to support small and medium-sized businesses by lowering credit card transaction fees charged by big institutions and big banks. If we cannot negotiate a solution to this situation, we will introduce legislation. That is how we are supporting small and medium-sized businesses here in Canada.
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  • Nov/16/22 5:31:23 p.m.
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  • Re: Bill C-32 
Madam Speaker, I thank my colleague for the question. There is a balance to everything. There needs to be balance when it comes to taxes, both for individuals and businesses. However, let us not forget that businesses are wealth creators. Without businesses, there are no jobs. We have to ensure that there is balance and no abuse. We also need to ensure that companies that make a profit reinvest in effective measures to build their business capacity while offering greener solutions for the environment. Criteria need to be established and put in place. We cannot simply say that businesses are not paying enough taxes. There needs to be a balance. We need to see what we can do to make things better for businesses, individuals and the environment.
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