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House Hansard - 137

44th Parl. 1st Sess.
November 29, 2022 10:00AM
Context: House Hansard - 137 - Nov/29/22
Hon. Chrystia Freeland (Deputy Prime Minister and Minister of Finance, Lib.)
  • Nov/29/22 2:50:34 p.m.
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Mr. Speaker, our government absolutely is committed to ensuring that everyone in Canada pays their fair share. In fact, we have brought in a COVID windfall tax. It is called the COVID recovery dividend. It is levied at 15% on financial institutions and insurers. We have also brought in a permanent 1.5% tax on banks and insurers. We have introduced a luxury tax of 10% on private planes, luxury cars and luxury boats.
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