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House Hansard - 104

44th Parl. 1st Sess.
September 28, 2022 02:00PM
Context: House Hansard - 104 - Sep/28/22
Hon. Chrystia Freeland (Deputy Prime Minister and Minister of Finance, Lib.)
  • Sep/28/22 2:36:19 p.m.
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Mr. Speaker, we have been and remain committed to ensuring that everyone pays their fair share of taxes. That is why we are permanently raising the corporate income tax rate by 1.5% on Canada's largest, most profitable banks and insurance companies. We have also introduced a recovery dividend of 15% on excess profits at these institutions during the COVID pandemic.
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