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House Hansard - 114

44th Parl. 1st Sess.
October 20, 2022 10:00AM
Context: House Hansard - 114 - Oct/20/22
Mr. Terry Beech (Parliamentary Secretary to the Deputy Prime Minister and Minister of Finance, Lib.)
  • Oct/20/22 3:09:02 p.m.
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Mr. Speaker, I am very happy to answer the question. As I stated for an earlier question, we have been focused on reducing poverty in this country. In fact, we have lifted millions of Canadians out of poverty, including seniors and hundreds of thousands of children. We have done that through benefits such as the CCB, the OAS and the GIS. We have indexed those benefits to inflation so that as the cost of living goes up, those benefits go up as well. We are continuing to look at programs like the recovery dividend and at a tax on excess profits for banks to make sure that everybody is paying their fair share.
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