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Decentralized Democracy

House Hansard - 189

44th Parl. 1st Sess.
May 2, 2023 10:00AM
Context: House Hansard - 189 - May/2/23
Ms. Jenny Kwan
  • May/2/23 12:23:54 p.m.
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Mr. Speaker, what I am saying, and the member knows this, is that real estate investment trusts should pay their fair share of taxes. They should not be given special tax treatment and not pay the corporate tax rate. They should be paying the corporate tax rate. Canadians are losing close to $2 billion in taxes that should have been collected and could have been invested into housing. No wonder the Conservatives would oppose my amendment, because they always want to benefit the corporate sector and not make them pay their fair share. When I say to make them pay their fair share, in what terms? It is for that investment to go back into the community. By saying no to my amendment, the Conservatives are saying that they do not want to ensure, by giving land value with the upzoning, the return is returned to the community in the form of more social housing, green space, child care and other community benefits. That is wrong.
166 words
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