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House Hansard - 31

44th Parl. 1st Sess.
February 15, 2022 10:00AM
Context: House Hansard - 31 - Feb/15/22
Mrs. Tracy Gray (Kelowna—Lake Country, CPC)
  • Feb/15/22 2:56:02 p.m.
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Mr. Speaker, the excise escalator tax increase will crush the bottom line of wineries, breweries, cideries and distilleries. The excise escalator tax is automatic, and here is the kicker: It is based on the CPI index, meaning that because inflation is so high, the tax will be even higher than ever before, starting April 1. This tax is based on inflation. It is taxing inflation, which will make inflation go up even more on these important value-added agricultural products. Will the Liberals commit to cancelling this inflationary excise tax increase?
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