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Decentralized Democracy

House Hansard - 109

44th Parl. 1st Sess.
October 6, 2022 10:00AM
  • Oct/6/22 10:52:35 a.m.
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Madam Speaker, I thank my colleague for her question. We strongly believe that businesses and Canadians must pay their fair share of taxes. That is the basic principle. Let us talk about the results achieved by the Canada Revenue Agency, or CRA, with the investments made by our government after 10 years under the Conservatives. We invested in the CRA, which has recovered not millions, not hundreds of millions, but billions of dollars from those who did not pay their taxes. In our 2022 budget, we asked banks and insurance companies to pay more.
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  • Oct/6/22 2:37:35 p.m.
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Mr. Speaker, rising interest rates are crushing over 70% of small businesses, according to a report by the CFIB. Small businesses in my riding are being squeezed by rising taxes, record-high inflation, the labour crisis and punishing interest rates. When will the government wake up and get off of the necks of our small businesses and job creators?
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  • Oct/6/22 2:37:59 p.m.
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Mr. Speaker, I thank the member opposite for this important question about the small business entrepreneurs that are at the heart of the Canadian economy. What we have been doing in the past three years is supporting small business entrepreneurs through the pandemic, with targeted support for wage subsidies and access to finance to support them and their employees. What we are doing since the pandemic is targeting entrepreneurs that will promote inclusive recovery. That means women entrepreneurs. That means Black entrepreneurs. That means indigenous entrepreneurs. What we are doing is understanding that small businesses will carry us through and out of this pandemic, and that is where our priority lies.
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