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Decentralized Democracy

House Hansard - 218

44th Parl. 1st Sess.
June 21, 2023 02:00PM
  • Jun/21/23 5:38:23 p.m.
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Madam Speaker, this is the paradise the NDP created. It is part of a coalition government, during which all of these economic outrages the member described have been able to flourish. There is no question that since the socialist policies of the NDP, with the government, have come into place, they have actually have helped corporate profits, as they always do, contrary to the false narrative. In reality, when big government controls all the money, those with the political influence do the best, and those who pay the bills do the work. We want to put the money back in the hands of the hard-working people who earned it, not in the hands of the corporate oligarchs or the big government.
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  • Jun/21/23 7:15:07 p.m.
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Mr. Speaker, the member will not hear that, when it comes to the corporate tax rate. We ran on increasing the corporate tax rate, not to 30% but to 19%; I think that was the latest platform commitment. We have been very clear about that. This is still well below the OECD average, so it is hardly a high-water mark when it comes to fair taxation of large corporations. Our position is that Canada has incredible competitive advantage beyond a low tax rate. Canada does not have to scrape the bottom of the barrel on its corporate tax rate in order to attract investment. We have a lot of natural resources that cannot be found elsewhere. We have an incredible labour market with a lot of skill. We provide benefits, such as health care, that oftentimes, in other jurisdictions, employers would have to pay premiums in order to be able to provide. Canada is an attractive place to invest, and we do not have to have a bottom-of-the-barrel corporate tax rate in order to attract investment.
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