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Decentralized Democracy

Deputy whip of the New Democratic Party

Laurel Collins

  • Member of Parliament
  • Deputy whip of the New Democratic Party
  • NDP
  • Victoria
  • British Columbia
  • Voting Attendance: 61%
  • Expenses Last Quarter: $127,392.53

  • Government Page
Context: House Hansard - 314 - May/21/24
Ms. Laurel Collins
  • May/21/24 10:37:13 a.m.
  • Watch
Mr. Speaker, I think the member does not understand an excess profits tax. It is a tax on the excess profits, the windfall profits, and it is not a radical idea. It has been implemented in the UK with respect to oil and gas. It has been implemented in 20 European countries, and it has been shown that taxing excess profits, windfall profits, disincentivizes price gouging. It disincentivizes the greedy corporations from making even more money and putting it in the pockets of their shareholders at the expense of everyday people.
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Context: House Hansard - 188 - May/1/23
Ms. Laurel Collins (Victoria, NDP)
  • May/1/23 5:34:30 p.m.
  • Watch
  • Re: Bill C-47 
Madam Speaker, I wanted to ask about the idea of an excess profit tax. The member spoke about some of the struggles that Canadians are facing, about the high cost of living. We also know that grocery store chains and big oil and gas companies have been gouging Canadians. One way to address that is to put in place an excess profit tax that would disincentivize that kind of price gouging. The Liberals have been unwilling to tackle corporate greed. The Conservatives do not seem to be talking about corporate greed and the role it has in inflation and the rising cost of living. I am curious about the member's opinion on this.
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