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House Hansard - 216

44th Parl. 1st Sess.
June 19, 2023 11:00AM
Context: House Hansard - 216 - Jun/19/23
Mr. Sébastien Lemire
  • Jun/19/23 7:34:52 p.m.
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Mr. Speaker, I recognize the member for Rosemont—La Petite‑Patrie's leadership on the issue of fighting tax havens. It is not the first time I have heard him speaking about this in the House of Commons. I also want to highlight the commitment of my colleague, the member for Joliette. This is a fundamental matter. We must be able to take much more robust action. According to Statistics Canada, Canadian corporations invested $381 billion in the top 12 tax havens in 2019. That represents almost one-third of all Canadian foreign investment. It is all well and good for the minister to tell us that more and more countries are becoming our allies, that they are working on the same things as we are and that we will have a common registry. The fact remains that if our wealthiest corporations and individuals, who do not care about the common good of society, invest in the 12 most notorious tax havens in the world, we will not make progress. The first thing that needs to be done is to go and get our money where it is hiding and ensure that everyone pays their fair share of taxes.
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