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Decentralized Democracy

House Hansard - 100

44th Parl. 1st Sess.
September 22, 2022 10:00AM
Context: House Hansard - 100 - Sep/22/22
Mr. Gord Johns (Courtenay—Alberni, NDP)
  • Sep/22/22 12:42:23 p.m.
  • Watch
  • Re: Bill C-31 
Mr. Speaker, my colleague talked about an economy that works for everyone. Well, the PBO put out a report recently and cited that the top 1% of families in this country hold 25% of the wealth while the bottom 40% hold 1.1% of the wealth. Meanwhile, we are seeing grocery store chains, banks and oil and gas and telecom companies make record profits, while groceries, bank fees, gas and wireless fees go up. Greedflation has taken hold. We live in a country that has the lowest corporate tax rate in the G7. Meanwhile, children cannot get their teeth fixed and we have seniors who need help. When are the Liberals going to address the greedflation? We know that the Conservatives, who are the gatekeepers for those big corporations, are not going to address it. Is the Liberal government going to do something about it? I ask because we are waiting and those people desperately need help. We are glad to see the Liberals finally vote in support of our measure on dental care, but what took them so long?
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Context: House Hansard - 100 - Sep/22/22
Mr. Gord Johns (Courtenay—Alberni, NDP)
  • Sep/22/22 1:22:33 p.m.
  • Watch
  • Re: Bill C-31 
Mr. Speaker, not once did my colleague talk about the greedflation that has taken hold in this country. We know in Canada we have the lowest corporate tax rate in the G7. How is that playing out? We have homeless people and people who cannot get dental care. We see big corporations like grocery stores, the big banks, big oil and big telecom all having record profits. Meanwhile, grocery store prices are going up, as are bank fees, fuel prices and telecom fees. The member said that these are hard times and that it does not need to be this way. I agree. The Conservatives in Britain had the courage to charge their big oil companies a 25% excess tax on oil and gas profits. Where is the courage for these Conservatives? Where is the consciousness, because it is unconscionable that people cannot get dental care yet we have greedflation. The gatekeepers are truly the Conservatives standing up for these big corporations. It is 1% of the families in this country who hold 25% of the wealth. Meanwhile, 40% of families only hold 1.1% of the wealth. This is unacceptable, and it does not need to be this way. When will the member deal with the greedflation that has taken a grip on this country?
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