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Decentralized Democracy

House Hansard - 324

44th Parl. 1st Sess.
June 4, 2024 10:00AM
  • Jun/4/24 2:50:00 p.m.
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Mr. Speaker, that question has already been answered several times by my colleagues. However, I am glad to hear the Conservatives, albeit obliquely, talking about income inequality in our society. It is a concern that we share. The good news for the Conservatives is that they have the opportunity to support us and to support our increase in the capital gains inclusion rate, which is a way to ask those at the very top to help the Canadian middle class. Let us see if the Conservatives will do it.
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  • Jun/4/24 3:10:06 p.m.
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Mr. Speaker, on April 16, the Liberals announced that they were increasing taxes on the investments of Canadians through an increase to the capital gains tax. That tax is supposed to take effect three weeks from today and Canadians have not seen the legislation yet. One wonders what the government is doing over there. When will the government show small businesses, families, farmers, entrepreneurs and physicians the text of the bill so that they know how this tax increase will impact them?
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  • Jun/4/24 3:10:42 p.m.
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Mr. Speaker, finally, there is a good question from the Conservatives. I am so glad to say that we will begin the legislative process to raise the capital gains inclusion rate before the House rises. One of the reasons why that is so important is that it will give Canadians a chance to see the true colours of those Conservatives. So far, they have dithered, they have dodged and they have not said whether they are in favour of asking those who are doing the very best to pay a little more. Soon, they are not going to have a chance to dodge.
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