SoVote

Decentralized Democracy

Member of Parliament

Marty Morantz

  • Member of Parliament
  • Member of Parliament
  • Conservative
  • Charleswood—St. James—Assiniboia—Headingley
  • Manitoba
  • Voting Attendance: 65%
  • Expenses Last Quarter: $99,486.97

  • Government Page
Context: House Hansard - 286 - Feb/27/24
Mr. Marty Morantz (Charleswood—St. James—Assiniboia—Headingley, CPC)
  • Feb/27/24 1:52:41 p.m.
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Madam Speaker, do you know the one thing Canadians actually want? They want their $60 million back. I have not heard a single Liberal member, including the member for Winnipeg North, say that they are going to do everything they can to get this money back. I would like my colleague to give me her opinion as to why she thinks the Liberals are not even interested in getting this money back for Canadians.
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Context: House Hansard - 201 - May/29/23
Mr. Marty Morantz
  • May/29/23 9:38:22 p.m.
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Madam Chair, the bank lost $705 million. When was the last time the Bank of Canada had a loss before 2022?
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Context: House Hansard - 163 - Feb/17/23
Mr. Marty Morantz
  • Feb/17/23 10:44:48 a.m.
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  • Re: Bill C-34 
Mr. Speaker, I was hoping that the member had listened to my speech before she asked her question. If she reviews the Hansard, she will see that is, in fact, exactly what I said. I don't think the $454 million threshold solves the problem anymore. It should be zero.
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Context: House Hansard - 43 - Mar/22/22
Mr. Marty Morantz
Mr. Speaker, I would like to thank my hon. colleague for the question. I said the $50 million to $60 million was the capital gains tax cost. To the extent that there are incremental donations, let us say it is $200 million a year, there would also be tax receipts associated with that. That analysis was done by the PBO as well, and I think it is in the range of another $50 million or $60 million a year. It is something like that, to the extent that there are incremental donations triggered by the incentivization of giving by the relief of the capital gains tax. The PBO numbers are over a period of time. The annualized cost is roughly $120 million or $130 million, and if we take that over a five-year horizon, that is how we get to the $700 million to $800 million cost. I would point out that the tax cost in all cases, on an annualized basis or over five years, is less than the actual contributions that charities would receive.
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