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Decentralized Democracy

House Hansard - 302

44th Parl. 1st Sess.
April 18, 2024 10:00AM
Context: House Hansard - 302 - Apr/18/24
Mr. Chandra Arya (Nepean, Lib.)
  • Apr/18/24 12:33:27 p.m.
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Madam Speaker, the member talked about Canada's ranking among OECD countries. Does he not also note that Canada is the top among all OECD countries when it comes to per capita foreign direct investment in the last year? He knows very well that this did not happen in a vacuum. It is Canada's focus on climate change, the focus on the generation of clean energy, the availability of good, skilled workers and the overall fiscal prudence the government has shown and the economic stability it has shown. Are these not reasons why foreign companies are still interested in investing in Canada today?
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Context: House Hansard - 302 - Apr/18/24
Ms. Lindsay Mathyssen (London—Fanshawe, NDP)
  • Apr/18/24 4:56:29 p.m.
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Mr. Speaker, I was really quite happy to hear the member talk about the fact that the government is not actually making the ultrarich pay their fair share. That is fascinating. I do agree that in terms of what we are seeing in this budget, it certainly does not go far enough. The increase of the inclusion rate for capital gains simply is not enough. New Democrats have been calling for an increase of the excess profits tax, the corporate book tax and other taxes. Would the member be willing to work with New Democrats, and maybe put forward an amendment, to ensure that the government, within this budget, would actually increase the corporate tax rate, like what we are seeing in the states, so that we are competitive as opposed to being the lowest in the OECD?
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