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Decentralized Democracy

House Hansard - 142

44th Parl. 1st Sess.
December 6, 2022 10:00AM
Context: House Hansard - 142 - Dec/6/22
Mr. Daniel Blaikie (Elmwood—Transcona, NDP)
  • Dec/6/22 6:07:18 p.m.
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  • Re: Bill C-32 
Madam Speaker, I want to thank my colleague for giving his speech like a Beauce. My question is about the Canada recovery dividend, which is in this legislation. It is a one-time, 15% tax on profits over $1 billion for Canada's banks and financial institutions. It is about bringing back public money that went out to companies that were very profitable. It is a really important component of getting some of Canada's largest and most profitable corporations to pay their fair share in the context of what we are living through right now. I would like to know the member's thoughts on the Canada recovery dividend.
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