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House Hansard - 213

44th Parl. 1st Sess.
June 14, 2023 02:00PM
Context: House Hansard - 213 - Jun/14/23
Hon. Randy Boissonnault (Minister of Tourism and Associate Minister of Finance, Lib.)
  • Jun/14/23 2:51:09 p.m.
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Mr. Speaker, we stick up for Canadians every day on this side of the House. That is why our budget has measures in place to make sure that Canadians can get through this inflationary cycle. Let us take a look at what we have done on the tax front. We have permanently raised the corporate income tax by 1.5% on the largest banks and insurance companies. We have put in the Canada recovery dividend for banks and insurance companies that made more than $1 billion in profit. We have also put in a luxury tax on vehicles and planes. We are making sure that tax fairness is integral to how we approach things in Canada. We will continue to do that work.
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Context: House Hansard - 213 - Jun/14/23
Mrs. Tracy Gray
  • Jun/14/23 6:45:47 p.m.
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  • Re: Bill C-22 
Madam Speaker, I know that, jointly, the member and I had worked really hard at committee to make sure that some amendments got through. As I mentioned earlier, there were some that I wish would have gotten through that were not accepted. We worked on that. With regard to that, we would have to look at it. I think part of the challenge right now, as I mentioned in my speech, is that inflation is so incredibly high. The actions of the government with the last budget, with its inflationary deficit spending, are only going to pour fuel on the inflationary fire. It is going to be even more difficult for people. We absolutely need to make it a priority as well to bring inflation down so that interest rates can go down and people do not lose their homes.
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