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Decentralized Democracy

House Hansard - 241

44th Parl. 1st Sess.
October 27, 2023 10:00AM
  • Oct/27/23 11:28:46 a.m.
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Mr. Speaker, the Liberals say they are not making things worse, but they are certainly not making things better. Here is the reality of yet another Canadian: Stephanie Finlayson, of Woodstock, Ontario, has been struggling to make ends meet. Big corporations that make record profits are gouging people such as Stephanie at the grocery store, at the pumps, with bank fees and with their cellphone bills. After working full time and paying her monthly bills, she only has nine dollars left for food. Under the Liberal government, people are going under, and Conservatives have no interest in cracking down on corporate greed. When is the government going to put something in place to protect Stephanie from this ongoing corporate gouging?
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  • Oct/27/23 12:09:56 p.m.
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Mr. Speaker, our government has been, and will continue to be, committed to ensuring everyone in Canada is paying their fair share. That is why we have permanently raised the corporate income tax by 1.5% on the largest banks and insurance companies in Canada; implemented a recovery dividend of 15% on the financial sector to pay for the cost of COVID-19; implemented a luxury tax on private jets, luxury cars and yachts; and we will implement a 2% tax on share buybacks. We are committed to ending the corporate tax race to the bottom and ensuring that multinational corporations pay their fair share of tax wherever they do business.
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  • Oct/27/23 1:11:11 p.m.
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Madam Speaker, what we know for sure is that greedy corporations are putting profits before people. This is driving a number of these problems. When I think about persons with disabilities, this is an area we know about and that corporations know about, but they have done nothing to correct it. I say that until we start regulating, because corporations are not going to regulate themselves, we are not going to get change. The regulation needs to be done thoughtfully and in consultation with our communities. That is why the NDP would like to see the bill go to committee, so we can hear from people.
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