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Decentralized Democracy

House Hansard - 63

44th Parl. 1st Sess.
May 3, 2022 10:00AM
Context: House Hansard - 63 - May/3/22
Mr. Kody Blois
  • May/3/22 12:55:50 p.m.
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  • Re: Bill C-8 
Madam Speaker, I thank my colleague for his question. I will answer in English because some of the terms used for tax havens are different in English. My understanding is that the government has taken on a number of initiatives to reclaim money from individuals who are trying to move forward with tax havens. In my view as a parliamentarian, it is fine to say that we are going to try to go after them and have different types of tax changes in the country, but this has to be a global effort, very similar to putting in a minimum corporate income tax and partnering globally. Those same types of principles need to apply when working in partnership here so that individuals who have the means to move their money to other jurisdictions to avoid taxes are not able to move it to other jurisdictions, at the behest of Canada. We can work in a multilateral forum to make sure that individuals who have very high incomes are paying their fair and equitable share toward public programs.
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