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Decentralized Democracy

House Hansard - 157

44th Parl. 1st Sess.
February 9, 2023 10:00AM
Context: House Hansard - 157 - Feb/9/23
Ms. Niki Ashton (Churchill—Keewatinook Aski, NDP)
  • Feb/9/23 2:17:16 p.m.
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Mr. Speaker, today Canadians for Tax Fairness released a damning report on how the richest corporations in Canada used the Canada emergency wage subsidy to get richer and avoid paying taxes. The report shows most of the large Canadian corporations that took public subsidies during the pandemic used tax havens, paid out dividends to shareholders during the pandemic, increased their total dividend payout, did share buybacks and actually reduced their overall employment. Once again, Canada's political and corporate elite are lining up at the trough to use public money for their own private gain. When it comes to tax fairness, whether Liberal or Tory, it is the same old story. They do not stand up to these corporations. They refuse to bring in a windfall tax, refuse to increase the corporate tax rate and refuse to go after their friends who use tax havens. Canadians have had enough. Working people and people on fixed incomes are struggling, and only the NDP is calling for action. It is time to stand up to corporate Canada and take back what it owes Canadians.
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Context: House Hansard - 157 - Feb/9/23
Ms. Niki Ashton (Churchill—Keewatinook Aski, NDP)
  • Feb/9/23 2:48:36 p.m.
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Mr. Speaker, today Canadians for Tax Fairness released a report that looked at 74 Canadian companies that used the Canada emergency wage subsidy and tax avoidance schemes. When the Prime Minister said that “We are all in this together”, I did not know that we were in a billionaire tax haven. Take Brookfield Asset Management, with a tax gap of $6.5 billion. Five of its subsidiaries received the wage subsidy despite being based in Bermuda. Enbridge and Thomson Reuters are part of a “who's who” of corporate tax avoidance. Why do the Liberals expect Canadians to subsidize the lifestyles of the ultrawealthy?
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