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Decentralized Democracy

House Hansard - 172

44th Parl. 1st Sess.
March 23, 2023 10:00AM
Context: House Hansard - 172 - Mar/23/23
Mr. Ken Hardie (Fleetwood—Port Kells, Lib.)
  • Mar/23/23 10:32:12 a.m.
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Madam Speaker, if government programs were responsible for inflation, we would see everybody up and down the line pinching pennies to get by. Could the hon. member explain why big food is making record profits and why big oil is making record profits, while people are jacking up the cost of rent and the price of houses because of the lack of supply? This has nothing to do with government actions. In fact, I would ask the member whether or not it really justifies government action, in terms of regulation, because the free market has clearly been responsible for these distortions.
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Context: House Hansard - 172 - Mar/23/23
Ms. Lisa Marie Barron (Nanaimo—Ladysmith, NDP)
  • Mar/23/23 11:04:24 a.m.
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Madam Speaker, we are all seeing across Canada, and in my riding of Nanaimo—Ladysmith, a growing income gap happening. We see so many people struggling to make ends meet while ultrarich CEOs are making higher and higher excess profits every day. This is a big problem. I do see in here that a majority of parties came together and put together a recommendation I find to be quite good, and I wanted to ask the member about it. It reads: Take steps to close the growing income gap and generate revenue to fund poverty reduction programs by closing tax loopholes and ending the use of low-tax or non-cooperative jurisdictions for tax purposes, taxing extreme wealth, and implementing a tax on excessive profits, including windfalls associated with the pandemic. What are the member's thoughts on this? What is the government doing today to begin implementing this very sound recommendation?
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